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Section 26A - Superannuation Act 1916 - Benefit payable not to include fraction of a cent — Zoe

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Superannuation Act 1916

26ABenefit payable not to include fraction of a cent

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#### 26A Benefit payable not to include fraction of a cent 26A Benefit payable not to include fraction of a cent > Where STC is required to pay to a person as a benefit under this Act an amount that includes a fraction of a cent, the fraction shall be ignored and, where the fraction is one-half or more, the amount payable after ignoring the fraction shall be increased by one cent. > > **s 26A:** Ins 1972 No 66, sec 6 (e). Am 1996 No 39, Sch 4.

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