2Interpretation

2 Interpretation

2.1  In this Statute, unless the contrary intention appears:

annuity in respect of a member, means:

 (a) in the case of an unmarried member—an annuity for the life of the member; and

 (b) in the case of a married male member—an annuity for the member for his life and, after his death, for his widow (if any) for her life at half the initial rate; and

 (c) in the case of a married female member—an annuity for the member for her life, and after her death, for her widower (if any) for his life at half the initial rate;

approved life office or life office means a company or society specified in the Schedule;

child, in relation to a deceased member or a deceased former member means:

 (a) a child of the member or former member; or

 (b) a posthumous child of the member or former member; or

 (c) any other child who was dependent on the member or former member at the date of his or her death;

dependant, in relation to a member, means:

 (a) the wife, husband, widow, widower or child of the member, whether in fact dependent on the member or not; and

 (b) any other member of the family of the member, who in the opinion of the Council is substantially dependent upon the member;

designated beneficiary, in relation to a member, means a person or persons for the time being nominated by the member, in a form approved by the Council, to succeed to benefits under the Scheme after the death of the member;

endowment assurance policy means a policy of assurance on the life of a member which provides for payment of the sum assured:

 (a) on the maturity of the policy; or

 (b) subject to the policy conditions, on the death of the member occurring before the maturity date;

incapacity, in relation to a member, means such physical or mental incapacity as, in the opinion of the Council, makes the member incompetent or unfit to perform the duties of the position to which the member was appointed;

member means a member of the Scheme;

previous statute means the Staff Superannuation Statute as amended and in force immediately before the commencement of this Statute;

pure endowment policy means a policy of assurance on the life of a member which provides for:

 (a) the payment of the sum endowed on the maturity date of the policy; and

 (b) in the event of the death of the member before the maturity date, the return of the premiums paid in respect of the policy, either with or without interest as provided by the policy;

retirement means retirement from the full-time service of the University and retired has a corresponding meaning;