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SUPERANNUATION ACT 1916 - SECT 97 Number of units not to be increased

SUPERANNUATION ACT 1916 - SECT 97

Number of units not to be increased

97 Number of units not to be increased

(1) The number of units of pension for which a contributor was contributing under this Act immediately before the suspension period shall not be increased during the suspension period, except as provided in this Part.
(2) A person shall, on becoming a contributor during the suspension period, contribute for the number of units of pension for which the person would have contributed had this Part not been enacted, but thereafter the number of units for which the person was contributing under this Act on the day on which the person so became a contributor shall not be increased during the suspension period, except as provided in this Part.
(3) Where--
(a) a contributor was actually paid a salary increase before the suspension period,
(b) the increased salary fell within a salary group higher than the salary group within which it fell immediately before that increase, and
(c) the contributor had, before payment of that increase, abandoned a unit, or units, of pension,
the contributor may make an election under section 12 (4) to take up that abandoned unit, or any of those abandoned units, during the suspension period, being an election that the contributor could have made in relation to that increase had this Part not been enacted.
(4) Nothing in this section affects the right to make an election under section 23BA.