12Definitions

12 Definitions

12 Definitions

(1) In this Part—

adjustment date, in relation to a year, means the first day of the pension pay period that ends on the first pension pay day in the October that next follows that year.

adjustment percentage in relation to a year, means, subject to clause 13 (2), the percentage for that year calculated in accordance with clause 13.

Index number, in relation to a June quarter, means the number for that June quarter appearing in the Consumer Price Index (All Groups Index) for Sydney published by the Australian Statistician.

June quarter, in relation to a year, means the period commencing on and including 1 April in that year and ending on and including 30 June in that year.

quarter, in relation to a year, means—

(a) the period commencing on and including 1 July in that year and ending on and including 30 September in that year, or

(b) the period commencing on and including 1 October in that year and ending on and including 31 December in that year, or

(c) the period commencing on and including 1 January in that year and ending on and including 31 March in that year, or

(d) the period commencing on and including 1 April in that year and ending on and including 30 June in that year.

year means the period of 12 months beginning on 1 July.

(2) If a pension is to be adjusted under this Part by reference to the adjustment percentage for a year, a reference (however expressed) in this Part to adjusting the pension is a reference—

(a) if the adjustment percentage is calculated in accordance with the formula specified in clause 13 (1) (a)—to increasing the pension, or

(b) if the adjustment percentage is calculated in accordance with the formula specified in clause 13 (1) (b)—to reducing the pension.