16Surcharge deduction amount—the Act, s 26D

16 Surcharge deduction amount—the Act, s 26D

16 Surcharge deduction amount—the Act, s 26D

For the Act, section 26D(3)(b), the following amounts are prescribed—

(a) for a benefit payable to a member or former member that accrued after 20 August 1996 and before 1 July 2003—15%,

(b) for a benefit payable to a member or former member that accrued on or after 1 July 2003 and before 30 June 2004—14.5%,

(c) for a benefit payable to a member or former member that accrued on or after 1 July 2004 and before 30 June 2005—12.5%.