10BCommutation of pension by spouse on death of judge or Associate Judge in office

10B Commutation of pension by spouse on death of judge or Associate Judge in office

[Section 10B Inserted by No. 91 of 1999, s. 27, Applied:15 Dec 1999]

(1)  [Section 10B Subsection (1) amended by No. 45 of 2003, Sched. 1, Applied:01 Jan 2004] [Section 10B Subsection (1) amended by No. 103 of 2000, Sched. 1, Applied:13 Dec 2000] If a person to whom this Act applies dies in office, his spouse may elect by notice in writing to the Minister, to commute her residual pension payable under section 6 to a lump sum payment in accordance with the following table:

| Date of person's death | Maximum percentage of residual pension to be commuted | | between 1 July 1999 and 30 June 2000 | 20% | | between 1 July 2000 and 30 June 2001 | 40% | | between 1 July 2001 and 30 June 2002 | 60% | | between 1 July 2002 and 30 June 2003 | 80% | | from 1 July 2003onwards | 100% |

(2)  [Section 10B Subsection (2) amended by No. 45 of 2003, Sched. 1, Applied:01 Jan 2004] On receipt of a notice under subsection (1) , the Minister must commute the amount requested by the spouse to a lump sum payment and pay it to her after deducting any tax payable.

(3)  The lump sum conversion factors are to be determined by the Minister, on the advice of the Actuary, and are to be specified in a notice published in the Gazette.

(4)  A notice under subsection (3) is not a statutory rule for the purposes of the Rules Publication Act 1953 .