4ACAssociate deferred allowance

#### 4AC Associate deferred allowance Annual rate (1) The associate deferred allowance is payable at an annual rate calculated under the Allowance Orders by reference to the transfer amount. (2) For the purposes of subsection (1), the transfer amount is to be rounded to the nearest cent (rounding 0.5 cents upwards). When the allowance is payable (3) Subject to section 4AD, the allowance is payable from the later of: (a) the operative time; and (b) the earliest of the following days: (i) if the non‑member spouse is permanently incapacitated—the day that the Finance Secretary considers to be the day on which the spouse became permanently incapacitated; (ii) a day notified to the Finance Secretary under subsection (5) of this section; (iii) the day on which the non‑member spouse turns 65. (4) The non‑member spouse is permanently incapacitated if the Finance Secretary is satisfied that the spouse is unlikely, because of ill‑health (whether physical or mental), to engage in gainful employment for which the spouse is reasonably qualified by education, training or experience. (5) The non‑member spouse may give a written notice to the Finance Secretary specifying a day that is not before the day on which the non‑member spouse turns 60. Death of non‑member spouse (6) If the non‑member spouse dies before the allowance becomes payable, an amount calculated under the Allowance Orders must be paid to: (a) the legal personal representative of the spouse; or (b) if no such legal personal representative can be found—any individual or individuals that the Finance Secretary determines. (7) An amount under subsection (6) is payable out of the Consolidated Revenue Fund, which is appropriated accordingly.