Definition
3 Definition
In this Declaration:
Act means the Superannuation (Productivity Benefit) Act 1988.
Number of days is:
in the case of an employee who becomes a fund employee during the financial year commencing on 1 July 2008 - the number of days in the period:
starting on the last day of the first pay period for the employee ending after 1 July 2008; 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 in respect of whom an interim benefit becomes payable under section 6 of the Act during the financial year commencing on 1 July 2008 - the number of days between:
the last day of the first pay period for the employee ending after 1 July 2008; and
the day on which the interim benefit becomes payable; or
in the case of an employee who does not become a fund employee during the financial year commencing on 1 July 2008, and in respect of whom an interim benefit does not become payable during that year - the number of days between:
the last day of the first pay period for the employee ending after 1 July 2008; and
30 June 2009.
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