Date-stamp loading
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 24 March 2006 - onwards
    Version 1 of 1    

15. Pre-retirement allowance - payment of allowance.

Section 149 of the Principal Act is amended -

(a) in subsection (5), by substituting "subsections (6) and (8) " for "subsection (6) ", and

(b) by inserting the following after subsection (6):

"(7) Notwithstanding the provisions of this Chapter and subject to subsection (8), pre-retirement allowance shall not be payable to a person in respect of any period of retirement which begins on or after such date as may be prescribed.

(8) Subsection (7) shall not apply where a continuous period of retirement, as read in accordance with subsection (5), began before the date prescribed for the purposes of subsection (7).".

Comparing proposed amendment...