52LEligible contributors

52L Eligible contributors

52L Eligible contributors

(1) This Division applies to a person who is a contributor—

(a) who is of or above the age of 55 years, and

(b) who, as a result of a single reduction of salary, has undergone a reduction of 20% or more in salary after reaching that age, and

(c) whose employer certifies the matters referred to in paragraphs (a) and (b).

(2) The fact that a person undergoes more than one salary reduction of 20% or more does not mean that the person ceases to be a person to whom this Division applies.

s 52L: Ins 1990 No 99, Sch 3. Am 1991 No 94, Sch 1; 1992 No 35, Sch 3.