Superannuation Act 1976

In this Division:

first contribution day means the contribution day that falls on 8 July 1976.

Initial basic contribution, in relation to an existing contributor, means the amount of the basic contribution made, or required to be made, by the contributor on the first contribution day.

previous contribution (excluding contribution for reserve units), in relation to an existing contributor, means the amount of the contribution made, or required to be made, by the contributor under the superseded Act in respect of units of pension, other than reserve units of pension, on the pay day last preceding the commencing day.

previous contribution (including contribution for reserve units), in relation to an existing contributor, means the amount of the contribution made, or required to be made, by the contributor under the superseded Act in respect of units of pension, including reserve units of pension, on the pay day last preceding the commencing day.