STATUTORY RULES.

1955. No. 60.

REGULATIONS UNDER THE SUPERANNUATION ACT 1922-1955.*

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, and on the recommendation of the Superannuation Board, hereby make the following Regulations under the Superannuation Act 1922-1955.

Dated this sixth day of September, 1955.

W. J. Slim

Governor-General.

By His Excellency’s Command,

(Sgd.) A. W. FADDEN

Treasurer.

Amendments of the Superannuation Regulations.†

1. Regulation 5 of the Superannuation Regulations is repealed and the following regulation inserted in its stead:—

Manner of ascertaining annual salary for purposes of section 13.

“5.—(1.) For the purposes of section 13 of the Act, the annual salary of an employee or contributor whose remuneration is at a rate other than an annual rate of salary shall be fifty-two times the weekly rate of remuneration of the employee or contributor.

“(2.) In ascertaining the annual salary of an employee or contributor to whom the last preceding sub-regulation applies—

(a) if the employee or contributor is not receiving remuneration at the maximum rate applicable to his office or position, he shall, subject to the next succeeding paragraph, be deemed to be receiving remuneration at that maximum rate; and

(b) if the employee or contributor has not attained the age of twenty-one years and occupies an office or position in respect of which the remuneration varies according to the age of the occupant, the last preceding paragraph does not apply, but, in the case of such an employee or contributor who has not attained the age of twenty years, he shall be deemed to be receiving remuneration at the rate which would be applicable to him if he had attained the age of twenty years.”.

* Notified in the Commonwealth Gazette on , 1955.

† Statutory Rules 1952, No. 20, as amended by Statutory Rules 1953, No. 52; and 1954, Nos. 87 and 125.

3882/55.—Price 3d. 10/28.7.1955.

Prescribed times for the purposes of section 13 (4.) (c).

2. Regulation 6 of the Superannuation Regulations is amended by omitting from sub-regulation (1.) all the words from and including the words “payment of salary” and inserting in their stead the words “the salary of the contributor is increased, or twelve months after the date as from which the salary of the contributor is increased, whichever date is the later.”.

Prescribed times for the purposes of section 16b.

3. Regulation 7 of the Superannuation Regulations is amended by omitting sub-regulation (3.).

Printed for the Government of the Commonwealth by A. J. Arthur at the Government Printing Office, Canberra.