Part 1â€”Preliminary
1Â Name of order
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â This order is the Governorâ€‘General Allowance Order 2013.
2Â Commencement
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â This order commences on 15 March 2013.
3Â Authority
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â This order is made under the Governorâ€‘General Act 1974.
4Â Definitions
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â In this order:
Act means the Governorâ€‘General Act 1974.
Chief Justiceâ€™s salary means the annual rate of the salary of the Chief Justice of the High Court of Australia.
Table 1 means Table 1 of Part 2 of Schedule 1.
Table 2 means Table 2 of Part 2 of Schedule 1.
Treasury bond rate means:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â if Treasury bonds with a 10 year term were issued on the last working day of the financial year ending immediately before the period for which the increase is being calculatedâ€”the annual rate of return on those bonds; or
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â in any other caseâ€”the annual rate of return on Treasury bonds with a 10 year term, as published by the Reserve Bank of Australia for that day.
Note:Â Â Â Â Â Â Â Â Â For the definitions of the following terms, see subsection 2A(2) of the Act:
(a)Â Â Â associate deferred allowance;
(b)Â Â Â associate immediate allowance;
(c)Â Â Â member spouse;
(d)Â Â Â operative time;
(e)Â Â Â retirement allowance;
(f)Â Â Â transfer amount.
Part 2â€”Scheme value and allowance rates
5Â Scheme value
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â For the definition of scheme value in subsection 2A(2) of the Act, the scheme value in relation to the member spouse is determined using the methods and factors set out in Schedule 1 as in force at the operative time.
6Â Associate immediate allowance for nonâ€‘member spouse
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â For subsection 4AB(2) of the Act the rate is calculated as follows:
Method statement
Step 1.Â Â Identify the transfer amount that was payable at the operative time.
Step 2.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 1 that applies to the nonâ€‘member spouseâ€™s gender, and age in whole years, at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 1 that would apply to the nonâ€‘member spouse if the nonâ€‘member spouseâ€™s age in whole years was one year more than it was at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the nonâ€‘member spouseâ€™s age that are not included in the nonâ€‘member spouseâ€™s age in whole years at the operative time.
Step 3.Â Â Divide the amount identified in step 1 by the amount calculated in step 2.
Step 4.Â Â Divide the amount calculated in step 3 by the Chief Justiceâ€™s salary at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 5.Â Â Multiply the amount calculated in step 4 by the Chief Justiceâ€™s salary.
7Â Associate deferred allowance for nonâ€‘member spouse
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â For subsection 4AC(1) of the Act, the annual rate is calculated as follows:
Method statement
Step 1.Â Â Identify the transfer amount that was payable at the operative time.
Step 2A. Add the amount identified in step 1 to the increases in the transfer amount calculated in steps 2B, 2C and 2D.
Step 2B. First period
Â Â Â Â Â Â Â Â Â Â Â Â Â Identify the shorter of:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â Â Â Â the period between the operative time and the end of the financial year in which the operative time occurs; and
Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â Â Â Â the period between the operative time and when the associate deferred allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â This is the first period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Calculate the increase in the transfer amount for the first period using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â amount is the amount identified in step 1.
Â Â Â Â Â Â Â Â Â Â Â Â Â rate is the Treasury bond rate for the financial year in which the first period occurs.
Â Â Â Â Â Â Â Â Â Â Â Â Â time is the number of days in the first period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 2 decimal places (rounding up if the third decimal place is 5 or more).
Step 2C. Second period (if any)
Â Â Â Â Â Â Â Â Â Â Â Â Â Use this step if one or more full financial years occurs immediately after the end of the first period and before the associate deferred allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â This is the second period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Calculate the increase in the transfer amount for each full financial year of the second period using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â increased amount is the amount identified in step 1, added to:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â Â Â Â the increase in the transfer amount calculated in step 2B; and
Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â Â Â Â any increases in the transfer amount calculated under this step for earlier financial years in the second period.
Â Â Â Â Â Â Â Â Â Â Â Â Â rate is the Treasury bond rate for the financial year for which the calculation is being made.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the amount to 2 decimal places (rounding up if the third decimal place is 5 or more).
Step 2D. Final period (if any)
Â Â Â Â Â Â Â Â Â Â Â Â Â Use this step if:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â Â Â Â there is any period between the end of a financial year and when the associate deferred allowance becomes payable; and
Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â Â Â Â neither step 2B nor step 2C covers that period.
Â Â Â Â Â Â Â Â Â Â Â Â Â This is the final period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Calculate the increase in the transfer amount for the final period using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â increased amount is the amount identified in step 1, added to:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â Â Â Â the increase in the transfer amount calculated in step 2B; and
Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â Â Â Â the increases in the transfer amount calculated in step 2C for each financial year in the second period.
Â Â Â Â Â Â Â Â Â Â Â Â Â rate is the Treasury bond rate for the financial year in which the final period occurs.
Â Â Â Â Â Â Â Â Â Â Â Â Â time is the number of days in the final period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 2 decimal places (rounding up if the third decimal place is 5 or more).
Step 3.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 1 that applies to the nonâ€‘member spouseâ€™s gender, and age in whole years, when the associate deferred allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 1 that would apply to the nonâ€‘member spouse if the nonâ€‘member spouseâ€™s age in whole years was one year more than it was when the associate deferred allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the nonâ€‘member spouseâ€™s age that are not included in the nonâ€‘member spouseâ€™s age in whole years when the associate deferred allowance becomes payable.
Step 4.Â Â Divide the transfer amount, as increased in step 2A, by the amount in step 3.
Step 5.Â Â Divide the amount calculated in step 4 by the Chief Justiceâ€™s salary when the allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 6.Â Â Multiply the amount calculated in step 5 by the Chief Justiceâ€™s salary.
8Â Associate deferred allowanceâ€”death of nonâ€‘member spouse
Â Â Â Â Â Â Â Â Â Â Â Â (1)Â This section is made for subsection 4AC(6) of the Act.
Â Â Â Â Â Â Â Â Â Â Â Â (2)Â The amount payable is the transfer amount that was payable at the date of death:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â reduced by any payment split before the date of death; and
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â increased in the way described in step 2A in section 7 as if an associate deferred allowance had become payable at the date of death.
9Â Reduction of retirement allowance payable after operative time
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â For paragraph 4AE(2)(b) of the Act, the rate is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the retirement allowance when the allowance became payable, disregarding subsection 4(4) of the Act.
Step 2.Â Â Identify the annual rate of the retirement allowance that would have been payable had the Governor General retired at the operative time, disregarding subsection 4(4) of the Act.
Step 3.Â Â Identify the annual rate of the retirement allowance that would have been payable had the Governor General retired at the operative time, having regard to subsection 4(4) of the Act.
Step 4.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 2 that applies to the member spouseâ€™s gender, and age in whole years, when the member spouse was expected to complete his or her term of office (based on the information available at the operative time).
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 2 that would apply to the member spouse if the member spouseâ€™s age in whole years was one year more than it was when the member spouse is expected to complete his or her term of office.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the member spouseâ€™s age that are not included in the member spouseâ€™s age in whole years when the member spouse is expected to complete his or her term of office.
Step 5.Â Â Multiply the amount identified in step 3 by the amount calculated in step 4.
Step 6.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â n is the number of days between the operative time and the time the member spouse was expected to complete his or her term of office (based on the information available at the operative time), divided by 365.
Â Â Â Â Â Â Â Â Â Â Â Â Â Example:Â Â Â Â Â Â Â Â Â Â Â If a payment split occurs after 2 years of an expected 5 year term, the number of days between the operative time and time the member spouse is expected to complete his or her term of office is 1095 (i.e. 3 x 365). So, n is 3 (i.e. 1093 Ã· 365).
Step 7.Â Â Multiply the amount calculated in step 5 by the amount calculated in step 6.
Step 8.Â Â Divide the transfer amount by the amount calculated in step 7.
Step 9.Â Â Multiply the amount identified in step 3 by the amount calculated in step 8.
Step 10. Divide the amount calculated in step 9 by the amount identified in step 2.
Step 11. Multiply the amount identified in step 1 by the amount calculated in step 10.
Step 12. Deduct the amount calculated in item 11 from the amount identified in step 1.
Â Â Â Â Â Â Â Â Â Â Â Â Â Note:Â Â Â Â Â Â If there has been more than one payment split, steps 1 to 11 must be repeated in the order that the splits happened from earliest to latest.
Step 13. Divide the amount calculated in step 12 by the Chief Justiceâ€™s salary when the allowance became payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 14. Multiply the amount calculated in step 13 by the Chief Justiceâ€™s salary.
10Â Reduction of spouse allowance payable after operative time
Â Â Â Â Â Â Â Â Â Â Â Â (1)Â For subsection 4AE(3) of the Act, the rate applicable under paragraph 4(3)(a) of the Act is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the retirement allowance that would have been payable had the Governor General retired on the date of his or her death, disregarding subsection 4(4) of the Act.
Step 2.Â Â Identify the annual rate of the retirement allowance that would have been payable had the Governor General retired at the operative time, disregarding subsection 4(4) of the Act.
Step 3.Â Â Identify the annual rate of the retirement allowance that would have been payable had the Governor General retired at the operative time, having regard to subsection 4(4) of the Act.
Step 4.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 2 that applies to the member spouseâ€™s gender, and age in whole years, when the member spouse would have been expected to complete his or her term of office (based on the information available at the operative time).
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 2 that would apply to the member spouse if the member spouseâ€™s age in whole years was one year more than it was when the member spouse would have been expected to complete his or her term of office.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the member spouseâ€™s age that are not included in the member spouseâ€™s age in whole years when the member spouse is expected to complete his or her term of office.
Step 5.Â Â Multiply the amount calculated in step 3 by the amount calculated in step 4.
Step 6.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â n is the number of days between the operative time and the time the member spouse would have been expected to complete his or her term of office (based on the information available at the operative time), divided by 365.
Â Â Â Â Â Â Â Â Â Â Â Â Â Example:Â Â Â Â Â Â Â Â Â Â Â If a payment split occurs after 2 years of an expected 5 year term, the number of days between the operative time and time the member spouse would have been expected to complete his or her term of office is 1095 (i.e. 3 x 365). So, n is 3 (i.e. 1093 Ã· 365).
Step 7.Â Â Multiply the amount calculated in step 5 by the amount calculated in step 6.
Step 8.Â Â Divide the transfer amount by the amount calculated in step 7.
Step 9.Â Â Multiply the amount calculated in step 3 by the amount calculated in step 8.
Step 10. Divide the amount calculated in step 9 by the amount identified in step 2.
Step 11. Multiply the amount identified in step 1 by the amount calculated in step 10.
Step 12. Deduct the amount calculated in item 11 from the amount identified in step 1.
Â Â Â Â Â Â Â Â Â Â Â Â Â Note:Â Â Â Â Â Â If there has been more than one payment split, steps 1 to 12 must be repeated in the order that the splits happened from earliest to latest.
Step 13. Divide the amount calculated in step 12 by the Chief Justiceâ€™s salary when the Governor General died.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 14. Multiply the amount calculated in step 13 by the Chief Justiceâ€™s salary.
Â Â Â Â Â Â Â Â Â Â Â Â (2)Â For subsection 4AE(4) of the Act, the rate applicable under paragraph 4(3)(a) of the Act is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the retirement allowance that was payable when the Governor General died, disregarding subsection 4(4) of the Act.
Step 2.Â Â Divide the amount identified in step 1 by the Chief Justiceâ€™s salary when the Governor General died.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 3.Â Â Multiply the amount calculated in step 2 by the Chief Justiceâ€™s salary.
11Â Operative time during growth phaseâ€”reduction of associate deferred allowance
Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â For section 4AF of the Act, the annual rate of the associate deferred allowance (when it becomes payable) is reduced to the amount calculated as follows:
Method statement:
Step 1.Â Â Identify the transfer amount that was payable at the operative time.
Step 2A. Add the amount identified in step 1 to the increases in the transfer amount calculated in steps 2B, 2C and 2D.
Step 2B. First period
Â Â Â Â Â Â Â Â Â Â Â Â Â Identify the shorter of:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â Â Â Â the period between the operative time and the end of the financial year in which the operative time occurs; and
Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â Â Â Â the period between the operative time and when the associate deferred allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â This is the first period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Calculate the increase in the transfer amount for the first period using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â amount is the amount identified in step 1.
Â Â Â Â Â Â Â Â Â Â Â Â Â rate is the Treasury bond rate for the financial year in which the first period occurs.
Â Â Â Â Â Â Â Â Â Â Â Â Â time is the number of days in the first period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 2 decimal places (rounding up if the third decimal place is 5 or more).
Step 2C. Second period (if any)
Â Â Â Â Â Â Â Â Â Â Â Â Â Use this step if one or more full financial years occurs immediately after the end of the first period and before the associate deferred allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â This is the second period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Calculate the increase in the transfer amount for each full financial year of the second period using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â increased amount is the amount identified in step 1, added to:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â Â Â Â the increase in the transfer amount calculated in step 2B; and
Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â Â Â Â any increases in the transfer amount calculated under this step for earlier financial years in the second period.
Â Â Â Â Â Â Â Â Â Â Â Â Â rate is the Treasury bond rate for the financial year for which the calculation is being made.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the amount to 2 decimal places (rounding up if the third decimal place is 5 or more).
Step 2D. Final period (if any)
Â Â Â Â Â Â Â Â Â Â Â Â Â Use this step if:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â Â Â Â there is any period between the end of a financial year and when the associate deferred allowance becomes payable; and
Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â Â Â Â neither step 2B nor step 2C covers that period.
Â Â Â Â Â Â Â Â Â Â Â Â Â This is the final period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Calculate the increase in the transfer amount for the final period using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â increased amount is the amount identified in step 1, added to:
Â Â Â Â Â Â Â Â Â Â Â Â Â Â (a)Â Â Â Â the increase in the transfer amount calculated in step 2B; and
Â Â Â Â Â Â Â Â Â Â Â Â Â (b)Â Â Â Â the increases in the transfer amount calculated in step 2C for each financial year in the second period.
Â Â Â Â Â Â Â Â Â Â Â Â Â rate is the Treasury bond rate for the financial year in which the final period occurs.
Â Â Â Â Â Â Â Â Â Â Â Â Â time is the number of days in the final period.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 2 decimal places (rounding up if the third decimal place is 5 or more).
Step 3.Â Â Identify the associate deferred allowance, as calculated under subsection 4AC(1) of the Act on the date of payment, disregarding the payment split.
Step 4.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 1 that applies to the member spouseâ€™s gender, and age in whole years, when the allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 1 that would apply to the member spouse if the member spouseâ€™s age in whole years was one year more than it was when the allowance first became payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the member spouseâ€™s age that are not included in the member spouseâ€™s age in whole years when the allowance becomes payable.
Step 5.Â Â Multiply the amount identified in step 3 by the amount calculated in step 4.
Step 6.Â Â Reduce the amount calculated in step 5 by the transfer amount, as increased in step 2A.
Step 7.Â Â Divide the amount calculated in step 6 by the amount calculated in step 4.
Step 8.Â Â Divide the amount calculated in step 7 by the Chief Justiceâ€™s salary when the associate deferred allowance becomes payable.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 9.Â Â Multiply the amount calculated in step 8 by the Chief Justiceâ€™s salary.
12Â Reduction of standard allowance payable at operative time
Â Â Â Â Â Â Â Â Â Â Â Â (1)Â For subsection 4AG(2) of the Act, the rate of an associate immediate allowance is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the associate immediate allowance that was payable at the operative time.
Step 2.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 1 that applies to the member spouseâ€™s gender, and age in whole years, at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 1 that would apply to the member spouse if the member spouseâ€™s age in whole years was one year more than it was at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the member spouseâ€™s age that are not included in the member spouseâ€™s age in whole years at the operative time.
Step 3.Â Â Multiply the amount identified in step 1 by the amount calculated in step 2.
Step 4.Â Â Subtract the transfer amount from the amount calculated in step 3.
Step 5.Â Â Divide the amount calculated in step 4 by the amount calculated in step 2.
Step 6.Â Â Divide the amount calculated in step 5 by the Chief Justiceâ€™s salary at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 7.Â Â Multiply the amount calculated in step 6 by the Chief Justiceâ€™s salary.
Â Â Â Â Â Â Â Â Â Â Â Â (2)Â For subsection 4AG(2) of the Act, the rate of an associate deferred allowance is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the associate deferred allowance that was payable at the operative time.
Step 2.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 1 that applies to the member spouseâ€™s gender, and age in whole years, at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 1 that would apply to the member spouse if the member spouseâ€™s age in whole years was one year more than it was at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the member spouseâ€™s age that are not included in the member spouseâ€™s age in whole years at the operative time.
Step 3.Â Â Multiply the amount identified in step 1 by the amount calculated in step 2.
Step 4.Â Â Subtract the transfer amount from the amount calculated in step 3.
Step 5.Â Â Divide the amount calculated in step 4 by the amount calculated in step 2.
Step 6.Â Â Divide the amount calculated in step 5 by the Chief Justiceâ€™s salary at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 7.Â Â Multiply the amount calculated in step 6 by the Chief Justiceâ€™s salary.
Â Â Â Â Â Â Â Â Â Â Â Â (3)Â For subsection 4AG(2) of the Act, the rate of a spouse allowance is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the spouse allowance that was payable at the operative time.
Step 2.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 1 that applies to the member spouseâ€™s gender, and age in whole years, at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 1 that would apply to the member spouse if the member spouseâ€™s age in whole years was one year more than it was at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the member spouseâ€™s age that are not included in the member spouseâ€™s age in whole years at the operative time.
Step 3.Â Â Multiply the amount identified in step 1 by the amount calculated in step 2.
Step 4.Â Â Subtract the transfer amount from the amount calculated in step 3.
Step 5.Â Â Divide the amount calculated in step 4 by the amount calculated in step 2.
Step 6.Â Â Divide the amount calculated in step 5 by the Chief Justiceâ€™s salary at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 7.Â Â Multiply the amount calculated in step 6 by the Chief Justiceâ€™s salary.
Â Â Â Â Â Â Â Â Â Â Â Â (4)Â For paragraph 4AG(3)(b) of the Act, if section 13 does not apply, the rate is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the allowance that was payable at the operative time, disregarding subsection 4(4) of the Act.
Step 2.Â Â Identify the annual rate of the reduction in the retirement allowance at the operative time, having regard to subsection 4(4) of the Act.
Step 3.Â Â Subtract the amount identified in step 2 from the amount identified in step 1.
Step 4.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 2 that applies to the member spouseâ€™s gender, and age in whole years, at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 2 that would apply to the member spouse if the member spouseâ€™s age in whole years was one year more than it was at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the member spouseâ€™s age that are not included in the member spouseâ€™s age in whole years at the operative time.
Step 5.Â Â Multiply the amount calculated in step 3 by the amount calculated in step 4.
Step 6.Â Â Divide the transfer amount by the amount calculated in step 5.
Step 7.Â Â Multiply the amount calculated in step 3 by the amount calculated in step 6.
Step 8.Â Â Subtract the amount calculated in step 7 from the amount identified in step 1.
Step 9.Â Â Divide the amount calculated in step 8 by the Chief Justiceâ€™s salary at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 10. Multiply the amount calculated in step 9 multiplied by the Chief Justiceâ€™s salary.
Â Â Â Â Â Â Â Â Â Â Â Â (5)Â For subsection 4AG(4) of the Act, if section 13 does not apply, the rate applicable under paragraph 4(3)(a) of the Act is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the retirement allowance that was payable when the Governor General died, disregarding subsection 4(4) of the Act.
Step 2.Â Â Divide the amount identified in step 1 by the Chief Justiceâ€™s salary when the Governor General died.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 3.Â Â Multiply the amount calculated in step 2 by the Chief Justiceâ€™s salary.
13Â Reduction of standard allowance payable at operative time if superannuation surcharge applies
Â Â Â Â Â Â Â Â Â Â Â Â (1)Â This section applies in relation to a Governorâ€‘General who was first appointed between 20 August 1996 to 1 July 2005.
Â Â Â Â Â Â Â Â Â Â Â Â (2)Â For subsection 4AG(3) of the Act, the rate of the allowance is calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the retirement allowance that was payable at the operative time.
Step 2.Â Â Calculate an amount using the formula:
Â Â Â Â Â Â Â Â Â Â Â Â Â
Â Â Â Â Â Â Â Â Â Â Â Â Â where:
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y} is the number in Table 2 that applies to the member spouseâ€™s gender, and age in whole years, at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â F_{y+1} is the number in Table 2 that would apply to the member spouse if the member spouseâ€™s age in whole years was one year more than it was at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â m is the number of whole months of the member spouseâ€™s age that are not included in the member spouseâ€™s age in whole years at the operative time.
Step 3.Â Â Multiply the amount calculated in step 1 by the amount calculated in step 2.
Step 4.Â Â Divide the transfer amount by the amount calculated in step 3.
Step 5.Â Â Multiply the amount identified in step 1 by the amount calculated in step 4.
Step 6.Â Â Deduct the amount calculated in step 5 from the amount identified in step 1.
Step 7.Â Â Divide the amount calculated in step 6 by the Chief Justiceâ€™s salary at the operative time.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 8.Â Â Multiply the amount calculated in step 7 by the Chief Justiceâ€™s salary.
Â Â Â Â Â Â Â Â Â Â Â Â (3)Â For subsection 4AG(4) of the Act, the rate applicable under paragraph 4(3)(a) of the Act is reduced to the amount calculated as follows:
Method statement
Step 1.Â Â Identify the annual rate of the retirement allowance that was payable when the Governorâ€‘General died.
Step 2.Â Â Divide the amount identified in step 1 by the Chief Justiceâ€™s salary when the Governorâ€‘General died.
Â Â Â Â Â Â Â Â Â Â Â Â Â Round the result to 4 decimal places (rounding up if the fifth decimal place is 5 or more).
Step 3.Â Â Multiply the amount calculated in step 2 by the Chief Justiceâ€™s salary.