29Adjustment of contribution rates

29 Adjustment of contribution rates (1) If the contribution that a revised scheme member is liable to contribute is increased because of— (a) an increase in his or her salary; or (b) having a birthday which places him or her in the next age range in the Table in section 28— the contribution is to be adjusted as at the day in each calendar year fixed by the Board for the adjustment of contributions next following the date upon which he or she becomes so liable and the Board may fix one or more days in each calendar year. (2) The contribution as adjusted is payable as from and inclusive of the pay day on or next following the day being 2 months after the day fixed under subsection (1). S. 30 amended by No. 110/1993 s. 74, repealed by No. 64/1995 s. 38(1).