Victorian Consolidated Legislation

Constitution Act 1975 - SECT 7G

Payment and commutation of the former Governor's pension

7G. Payment and commutation of the former Governor's pension



(1) If an election under section 7E is in operation, the Minister must cause
the amount of the lump sum to be paid to the Commissioner of Taxation within
the period stated in the superannuation contributions surcharge notice to be
applied towards payment of the superannuation contributions surcharge.

(2) The former Governor's pension and any future entitlement of the Governor's
partner to a pension upon the Governor's death otherwise payable from time to
time under this Act must be reduced to the extent determined under section 7F
in consequence of the payment of the lump sum.

(3) For the purposes of section 7F-

   (a)  the reduction of the former Governor's pension must not exceed 15% of
        his or her total pension entitlement under the Act on the day on which
        the Governor resigned or retired; and

   (b)  the reduction of any future entitlement of the Governor's partner to a
        pension must not exceed 15% of an amount equal to the total pension
        entitlement of the Governor's partner on the day on which the Governor
        resigned or retired; and

   (c)  each reduction referred to in paragraph (a) and (b) must be a fixed
        percentage to be applied to the pension entitlement under the Act and,
        if paragraphs (a) and (b) both apply, the percentage must be the same;
        and

   (d)  the reduction must be applied from the day of payment of the lump sum
        under subsection (1).