Police Regulation (Superannuation) Act 1906 No 28
Current version for 29 November 2010 to date (accessed 21 May 2013 at 06:43)
17 Refund of deductions
(1) Subject to this section, where a member of the police force
resigns, or is dismissed, or a probationary member, not being entitled to be
granted a gratuity or annual superannuation allowance under this Act, is
discharged, there shall be paid to that member from the Fund a lump sum equal
to the difference between:(a) the total of all amounts deducted under this Act from that
member’s salary of office, with the addition of interest on those
amounts:(i) in the case of a member who resigned or was discharged (but not in
the case of a member who was dismissed)—at the rate of 4.5 per cent per
annum compounded on 30 June in each year of that member’s service during
the period beginning with 23 November 1984 and ending with 30 June 1990, and
also compounded on the date of the member’s resignation or discharge if
it occurred during that period, and
(ii) in the case of all members—at the rate from time to time
fixed by STC under section 16 of the State
Authorities Superannuation Act 1987, compounded on 30 June in
each year of the member’s service from and including 1 July 1990, and
also compounded on the date of that member’s resignation, dismissal or
discharge if it occurs on or after 1 July 1990, and
(b) any amount received by that member as superannuation allowance or
gratuity before his or her resignation, dismissal or
discharge.
(1A) For the purposes of subsection (1) (a) (ii):(a) interest shall not be paid in respect of any period before the day
appointed and notified under section 2 (2) of the Police
Regulation (Superannuation) Amendment Act 1984, and any
amounts deducted from the salary of office of a member of the police force
before that day shall be deemed to have been so deducted on that day,
and
(b) interest on amounts deducted at different times during the period
in respect of which the interest is to be calculated shall, subject to
subsection (1) (a) (ii), be calculated in a manner determined by
STC.
(2) The amount payable to a member or probationary member of the
police force under subsection (1) shall be not less than the amount of
deductions made from the member’s salary of office after any amount was
last received by the member under this Act as superannuation allowance or
gratuity.
(3) Where any member or probationary member of the police force who
has resigned, or has been dismissed or discharged and has received the amount
payable to the member under subsection (1), is thereafter re-appointed to the
police force, the member shall not be entitled to claim any further benefit
from the Fund in respect of the member’s previous service in the police
force unless that amount is repaid to the Fund before the expiration of the
period of 6 months immediately after:(a) the day appointed and notified under section 2 (2) of the
Police Regulation (Superannuation) Amendment Act
1984, or
(b) the date of that re-appointment,
whichever is the later.
(4) If a former member of the police force who has resigned has
received a lump sum under subsection (1) and subsequently there becomes
payable to the former member:(a) a superannuation allowance under section 10, or a commuted
superannuation allowance under section 10C or 14K, as a result of having been
hurt on duty while a member of the police force, or
(b) a superannuation allowance under section 7, or a gratuity under
section 14, as a result of the former member having been discharged under
section 8,
the lump sum is to be deducted from that allowance, commuted allowance or
gratuity in such instalments and at such times as STC
determines.