5Definitions

5 Definitions

5 Definitions

(1) In this Act, except in so far as the context or subject-matter otherwise indicates or requires—

additional benefit has the meaning ascribed thereto in section 24.

applicable month has the meaning ascribed thereto in section 24.

appointed day means the day appointed and notified under section 2 (2).

attributed salary, in relation to a contributor at any time, means—

(a) where the contributor is a full-time employee at that time—the salary of the contributor at that time, or

(b) where the contributor is a part-time employee at that time—the salary that would be payable to the contributor at that time if employed as a full-time employee,

as certified by the contributor’s employer at that time.

benefit means benefit payable under this Act.

Board means the SAS Trustee Corporation continued under the Superannuation Administration Act 1996.

contributor means an employee whose election to contribute to the Fund has taken effect.

contributor-financed benefit, in relation to a benefit payable to, or in relation to, a contributor, means the balance at credit in the contributor’s account at the time the benefit is paid.

contributor’s account means the account established and maintained under section 9 (1) in respect of the contributor.

death and disability levy means the levy that, in order to attract the additional benefit for a contributor, is paid to the Fund by transfer from the contributor’s account under section 12 (6) (b).

discharge, in relation to a contributor, means the cessation of the contributor’s employment with an employer expressed by the employer to be on the ground that the period, or successive periods, for which the contributor was employed has or have ended.

employee means a person who is employed by an employer and who is not an excluded person as provided by Schedule 4.

employer means an authority specified in Schedule 3 and a reference to employment with an employer includes a reference to employment with successive employers.

employer-financed benefit, in relation to a benefit payable to, or in relation to, a contributor, means so much of the benefit as is paid from the reserve for that employer.

entry date, in relation to a contributor, means the date as at which the contributor’s election to contribute to the Fund took effect, that election being—