Defence Legislation Amendment (Superannuation and ADF Cover) Act 2015 (120 of 2015)

Schedule 1   Main amendments

Part 1   Amendments

Defence Force Retirement and Death Benefits Act 1973

18   Paragraphs 24(2A)(a) and (b)

Repeal the paragraphs, substitute:

(a) any amount or amounts specified in any previous election or elections by the person, under this section or section 32A of this Act, to commute a portion or portions of his or her retirement pay or invalidity pay, as the case may be; and

(b) any amount paid to the person as a result of an application, under section 74 of the previous Act, to commute a portion of any pension payable to him or her under that Act reduced by any amount or amounts required, under subsection 69(1B) or 69(3A) of the previous Act, to be paid by the person to the Defence Forces Retirement Benefits Fund established under the previous Act, in respect of that commutation;