15OAPayment of contributions after 1 April 1977

15OA Payment of contributions after 1 April 1977

15OA Payment of contributions after 1 April 1977

(1) Notwithstanding anything in section 15N or 15O—

(a) contributions payable under those sections shall, in respect of the superannuation year commencing on 1 April 1977 and each succeeding superannuation year, be calculated on a monthly basis, and the contributions payable in respect of a month shall be paid to the board within 7 days after the last day of the month to which they relate, and

(b) contributions payable under those sections by a council in respect of a person who was a permanent servant of that council for a part, but not the whole, of a month of any such superannuation year are payable only for that part of the month during which he was a permanent servant of that council, and, for the purposes of this paragraph, contributions shall be calculated on a daily basis.

(2) In this section, month has the meaning ascribed to that expression by section 15AL.

s 15OA: Ins 1977 No 46, Sch 3 (7).