15OCouncil’s liability for contributors not referred to in sec 15N

15O Council’s liability for contributors not referred to in sec 15N

15O Council’s liability for contributors not referred to in sec 15N

(1) In respect of every permanent servant of a council who on the first day of any superannuation year is a contributor, that council shall be liable to pay to the board an amount equal to eight and three-quarter per centum of the salary that—

(a) if he was a contributor employed by that council on the thirty-first day of December next preceding that first day would, if he were to continue to receive salary at the rate payable to him by that council on that thirty-first day of December, or

(b) if he was not a contributor employed by that council on the thirty-first day of December next preceding that first day would, if he were to continue to receive salary at the rate payable to him by that council on the day on which he became a contributor,

be payable to him in respect of that superannuation year or, if during that superannuation year he would attain the age of sixty-five years, in respect of the period commencing on the first day of that superannuation year and ending on the day on which he would attain that age.

(2) (Repealed)

(3) This section has effect subject to section 15OA.

s 15O: Ins 1968 No 6, sec 2 (d). Am 1977 No 46, Sch 3 (6).