21LNet earning rate

21L Net earning rate S. 21L(1) amended by No. 95/2000 s. 9(2)(b). (1) Subject to subsection (2), the Board must at the end of such periods as it determines increase or decrease the balance in a beneficiary's, member's or spouse's account by the net earning rate of the Scheme during the relevant period. S. 21L(2) amended by No. 95/2000 s. 9(2)(b). (2) If the whole or part of the balance of a beneficiary's, member's or spouse's account comprised a particular investment fund during the relevant period the whole or part of the balance of the beneficiary's, member's or spouse's account must be increased or decreased by the net earning rate of the particular investment fund during the relevant period. (3) For the purpose of calculating and paying benefits under this Part, the Board may from time to time determine an interim net earning rate having regard to the expected net earning rate of the Scheme or particular investment fund during the relevant period. S. 21M (Heading) inserted by No. 37/2007 s. 13(1). S. 21M inserted by No. 82/1996 s. 11.