New South Wales Repealed Acts

This legislation has been repealed.

ELECTRICITY (PACIFIC POWER) ACT 1950 - SCHEDULE 1A

SCHEDULE 1A

(Section 72Q)

Table 1 - Amount to be paid to New South Wales Retirement Board in respect of prescribed person to whom Part 2 of the Local Government and Other Authorities (Superannuation) Act 1927 applies

The amount calculated in accordance with the formula

"A" represents the total of the premiums paid by the prescribed person in respect of policies of assurance that are to be cancelled pursuant to section 72P (1) in so far as they relate to the person.
"B" represents the total of all premiums paid in respect of those policies of assurance in so far as they relate to the prescribed person.
"C" represents the amount that, by the operation of section 72P (1), is payable to the Commission by the Local Government Superannuation Board.

Table 2 - Amount to be paid to New South Wales Retirement Board in respect of prescribed person to whom Part 3 of the Local Government and Other Authorities (Superannuation) Act 1927 applies

One-half of the amount that, by the operation of section 72P (2), is payable to the Commission by the Local Government Superannuation Board.

Table 3 - Amount to be paid to New South Wales Retirement Board in respect of prescribed person to whom Parts 2 and 3 of the Local Government and Other Authorities (Superannuation) Act 1927 applies

The total of the amounts calculated in relation to the prescribed person under Table 1 and Table 2.

Table 4 - Amount to be paid to New South Wales Retirement Board in respect of prescribed person to whom Part 3B of the Local Government and Other Authorities (Superannuation) Act 1927 applies

The total of:

(a) one-half of the amount transferred in respect of the prescribed person pursuant to section 15K (3) (c) of the Local Government and Other Authorities (Superannuation) Act 1927 or section 15L (9) (a) of that Act,

(b) such part of the proceeds of the surrender or cancellation of the insurance policies referred to in sections 15K (3) and 15L (9) of that Act as would be payable if Table 1 applied,

(c) the amount of interest credited to the account of the prescribed person in the Benefits Fund under that Act that is attributable to the amounts referred to in paragraphs (a) and (b) of this Table,

(d) two-fifths of the amount of the contributions received or receivable by the Local Government Superannuation Board in respect of the prescribed person pursuant to Part 3B of that Act in respect of the prescribed person, and

(e) two-fifths of the amount of any interest credited to the account of the prescribed person in the Benefits Fund under that Act that is attributable to the contributions referred to in paragraph (d) of this Table,

Table 5 - Amount to be paid to New South Wales Retirement Board in respect of prescribed person to whom Part 3D of the Local Government and Other Authorities (Superannuation) Act 1927 applies

An amount equal to the amount referred to in section 72P (4) (b) in relation to the prescribed person.