NSWIn ForceRegulation
State Authorities Superannuation (Ex-Snowy Mountains Hydro-Electric Authority Superannuation Fund Transfer) Regulation 2003
16Calculation of percentages
Start here
Get a plain-English read of 16
Turn the raw legal text into a practical explanation grounded in State Authorities Superannuation (Ex-Snowy Mountains Hydro-Electric Authority Superannuation Fund Transfer) Regulation 2003.
16 Calculation of percentages
16 Calculation of percentages
If a percentage that is calculated under this Part is or includes a fraction of one-tenth of 1 per cent, then—
(a) if the fraction is less than one-half of one-tenth—the fraction is to be disregarded, and
(b) if the fraction is not less than one-half of one-tenth—the fraction is to be treated as one-tenth.