sec.38Act has effect for the current financial year

sec.38 Act has effect for the current financial year

This section applies to a judicial officer if, immediately after commencement, the judicial officer is entitled to an amount as salary or an allowance. The amounts the judicial officer is entitled to be paid in relation to the current financial year are to be worked out under the new Act on commencement and whenever any 2007 adjustment takes effect under section 25 after commencement. However, to work out the amount payable under section 5 if no 2007 adjustment took effect before commencement, a reference in that section to the salary of a Federal Court judge for a financial year is the salary payable to a Federal Court judge at commencement. In this section— 2007 adjustment means an adjustment, under the Remuneration Tribunal Act 1973 (Cwlth), of the salary payable to a Federal Court judge in relation to the current financial year. (sec.38-ssec.1) This section applies to a judicial officer if, immediately after commencement, the judicial officer is entitled to an amount as salary or an allowance. (sec.38-ssec.2) The amounts the judicial officer is entitled to be paid in relation to the current financial year are to be worked out under the new Act on commencement and whenever any 2007 adjustment takes effect under section 25 after commencement. (sec.38-ssec.3) However, to work out the amount payable under section 5 if no 2007 adjustment took effect before commencement, a reference in that section to the salary of a Federal Court judge for a financial year is the salary payable to a Federal Court judge at commencement. (sec.38-ssec.4) In this section— 2007 adjustment means an adjustment, under the Remuneration Tribunal Act 1973 (Cwlth), of the salary payable to a Federal Court judge in relation to the current financial year.