NSWIn ForceRegulation
State Authorities Superannuation (Transitional Provisions) Regulation 1988
53Calculation of percentages
Start here
Get a plain-English read of 53
Turn the raw legal text into a practical explanation grounded in State Authorities Superannuation (Transitional Provisions) Regulation 1988.
53 Calculation of percentages
53 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.
cll 51–53: Ins 30.3.1990.