14Amount of benefit for which contributor must contribute

14 Amount of benefit for which contributor must contribute

14 Amount of benefit for which contributor must contribute

A person who elects to become a contributor shall, upon his election taking effect, contribute to the Fund in respect of an amount that is not less than the minimum benefit for that person nor more than the maximum benefit for that person—

(a) at the time he made the election, or

(b) where, at the time of making the election, he had attained the age of sixty years—on the day on which he attained that age.

s 14: Am 1973 No 43, Sch 1.