On 23/05/2013,
you requested for the version in force on 23/05/2013
incorporating all amendments published on or before 23/05/2013.
The closest version currently available is that of 30/11/2006.
14.
—(1) For the purposes of regulations 3(2), 12(1), (3) and (4) and 13, the specified amount shall be as follows:
Specified amount | Operative date | |
(a) $230 | from 1st January 1987 to 31st March 1994. | |
(b) $237 | from 1st April 1994 to 31st March 1995. | |
(c) $243 | from 1st April 1995 to 31st March 1996. | |
(d) $251 | from 1st April 1996 to 31st March 1997. | |
(e) $260 | from 1st April 1997 to 31st March 1998. | |
(f) $266 | from 1st April 1998 to 31st March 1999. | |
(g) $272 | from 1st April 1999 to 30th June 2000. | |
(h) $282 | from 1st July 2000 to 30th June 2001. | |
(i) $287 | from 1st July 2001 to 30th June 2002. | |
(j) $291 | From 1st July 2002 to 30th June 2003. | |
(k) $297 | From 1st July 2003. |
(2) For the purposes of regulation 12(2), the specified amount shall be as follows:
Specified amount | Operative date | |
(a) $345 | from 1st January 1987 to 31st March 1994. | |
(b) $355 | from 1st April 1994 to 31st March 1995. | |
(c) $365 | from 1st April 1995 to 31st March 1996. | |
(d) $377 | from 1st April 1996 to 31st March 1997. | |
(e) $390 | from 1st April 1997 to 31st March 1998. | |
(f) $399 | from 1st April 1998 to 31st March 1999. | |
(g) $408 | from 1st April 1999 to 30th June 2000. | |
(h) $423 | from 1st July 2000 to 30th June 2001. | |
(i) $431 | from 1st July 2001 to 30th June 2002. | |
(j) $437 | from 1st July 2002 to 30th June 2003. | |
(k) $446 | from 1st July 2003. |
(3) Notwithstanding paragraph (1), where a member has purchased an approved annuity with the minimum sum which he is required to set aside under section 15(6) of the Act, the Board may, in its discretion and subject to such terms and conditions as it may impose, authorise the insurer to pay to the member a monthly income which is less than the amount specified in paragraph (1).