Electricity (Supply) (Amendment) Act, 1952

Amendments of section 7 of Superannuation Act of 1942.

10.—(1) In this section, the expression “normal retiring date” means the date specified in the appropriate superannuation scheme as the normal retiring date for employees or a specified class of employees to whom the scheme applies.

(2) Subsection (2) of section 7 of the Superannuation Act of 1942 shall have effect, and shall be deemed always to have had effect, as if the words “ending on the date of retirement from that employment on account of age or ill-health shall qualify or be reckonable for superannuation benefits under that scheme” were deleted and there were substituted therefor the words “ending on the normal retiring date or on the date of retirement from that employment on account of ill-health (whichever date shall first occur) shall qualify or be reckonable for superannuation benefits under that scheme and that in calculating the length of such service it shall be reckoned only up to the end of the last completed month thereof”.

(3) Subsection (3) of section 7 of the Superannuation Act of 1942 shall have effect, and shall be deemed always to have had effect, as if the words “ending on the date of retirement from that employment on account of age or ill-health shall qualify or be reckonable for superannuation benefits under the scheme” were deleted and there were substituted therefor the words “ending on the normal retiring date or on the date of retirement from that employment on account of ill-health (whichever date shall first occur) shall qualify or be reckonable for superannuation benefits under that scheme and that in calculating the length of such service it shall be reckoned only up to the end of the last completed month thereof”.

(4) Subsection (4) of section 7 of the Superannuation Act of 1942 shall have effect, and shall be deemed always to have had effect, as if—

(a) in paragraph (a), the words “on and subsequent to the date of his said election” were deleted and there were substituted therefor the words “from the date of his said election up to the end of the last completed month of his subsequent service immediately prior to his normal retiring date or the date of his retirement from such employment on account of ill-health (whichever date shall first occur)”;

(b) in paragraph (b), the words “in full” were deleted and there were substituted therefor the words “up to the end of the last completed month thereof”;

(c) in paragraph (c), the words “up to the end of the last completed month thereof” were inserted after the words “one-half and no more of his prior service”.