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COUNTY COURT ACT 1958 - SECT 14AE Actuary's calculation after former judges' election to commute pensions

COUNTY COURT ACT 1958 - SECT 14AE

Actuary's calculation after former judges' election to commute pensions

    (1)     If an election under section 14AD is in operation, the Minister must within 10 days after the day on which the Minister received the election—

S. 14AE(1)(a) amended by No. 23/2008 s. 10(3).

        (a)     cause an actuary to determine the extent to which a former judge's pension and any future entitlement of the partner or eligible child of the former judge to a pension upon the judge's death otherwise payable under this Act will be reduced subject to section 14F(3) and taking into account the specified amount of the lump sum to be provided by the commutation of the pensions; and

S. 14AE(1)(b) amended by No. 23/2008 s. 10(3).

        (b)     notify the former judge or, if he or she has died, the former judge's partner or eligible child of the actuary's determination under subsection (1)(a).

S. 14AE(2) amended by No. 23/2008 s. 10(3).

    (2)     A former judge or, if he or she has died, the former judge's partner or eligible child may revoke the election under section 14AD within 10 days after the Minister's notification under subsection (1)(b).

S. 14AF inserted by No. 19/2001 s. 13.