Interpretation
2 Interpretation
In this Declaration:
“Act” means the Superannuation (Productivity Benefit) Act 1988;
“Days” means:
in the case of an employee who becomes a fund employee—the number of days in the period:
commencing on the last day of the first pay period of the employee ending after 1 July 1994; and
ending at the end of the day on which an amount first becomes payable under section 4f of the Act; or
in the case of an employee who becomes entitled to receive an interim benefit under section 6 of the Act—the number of days between:
the last day of the first pay period of the employee ending after 1 July 1994; and
the day on which the employee became entitled to receive the benefit; or
in the case of an employee who neither becomes a fund employee nor becomes entitled to receive an interim benefit—the number of days between:
the last day of the first pay period of the employee ending after 1 July 1994; and
30 June 1995.
Declared first interest factor
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