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Tuesday, 29 May 1973
Page: 2793


Mr CREAN (Melbourne Ports) (Treasurer) - I refer to clause 22 which reads in part:

(13)   If-

(a)   a person has qualified, subject only to his ceasing to be entitled to a parliamentary allowance and his ministerial salary (if any) otherwise than by reason of his death, to be paid a retiring alowance under section 19a of the Principal Act; and

(b)   the person qualifies, subject only to his ceasing to be entitled to a parliamentary allowance otherwise than by his death, to be paid a retiring allowance under section 19a of the Principal Act by reason of having held the office of Prime Minister, -he is thereupon entitled to a refund of his contributions, and no other benefit is payable under Part Va of the Principal Act to or in respect of him.

I move the following amendment:

In clause 22, omit sub-clause (13), substitute the following sub-clause:

(13)   If a person has qualified, subject only to his ceasing to be entitled to a parliamentary allowance and his ministerial salary (if any) otherwise than by reason of his death, to be paid a retiring allowance under section 22h of the Principal Act and -

(a)   within three months after the commencement of this Act, the person elects, by writing under his band addressed to the Trust; that this subsection should apply to him; or

(b)   the person qualifies, subject only to his ceasing to be entitled to a parliamentary allowance otherwise than by reason of his death, to be paid a retiring allowance under section 19a of the Principal Act by reason of having held the office of Prime Minister, he is thereupon entitled to a refund of his contributions, and no other benefit is payable under Part Va of the Principal Act to or in respect of him.'.

The purpose of the amendment is to give to those members who are qualified to receive a ministerial retiring allowance on their retire ment from the Parliament the alternative of taking a refund of their contributions to the Ministerial Retiring Allowances Fund.

Amendment agreed to.

Bill, as amended, agreed to.

Bill reported with an amendment; report - by leave - adopted.







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