New South Wales Consolidated Regulations

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STATE AUTHORITIES SUPERANNUATION (TRANSITIONAL PROVISIONS) REGULATION 1988 - REG 53

Calculation of percentages

53 Calculation of percentages

If a percentage that is calculated under this Part is or includes a fraction of one-tenth of 1 per cent, then:

(a) if the fraction is less than one-half of one-tenth-the fraction is to be disregarded, and
(b) if the fraction is not less than one-half of one-tenth-the fraction is to be treated as one-tenth.



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