Governor-General Allowance Order 2013 (Cth)

Governor‑General Allowance Order 2013 I, Penelope Ying Yen Wong, Minister for Finance and Deregulation, make the following order under the Governor‑General Act 1974.

Dated: 12 March 2013

Penelope Ying Yen Wong Minister for Finance and Deregulation

Contents Part 1—Preliminary 1 Name of order 2 Commencement 3 Authority 4 Definitions Part 2—Scheme value and allowance rates 5 Scheme value 6 Associate immediate allowance for non‑member spouse 7 Associate deferred allowance for non‑member spouse 8 Associate deferred allowance—death of non‑member spouse 9 Reduction of retirement allowance payable after operative time 10 Reduction of spouse allowance payable after operative time 11 Operative time during growth phase—reduction of associate deferred allowance 12 Reduction of standard allowance payable at operative time 13 Reduction of standard allowance payable at operative time if superannuation surcharge applies Schedule 1—Methods and factors Part 1—Methods Division 1.1—Interpretation 1 Definitions Division 1.2—Interests in the growth phase 2 Methods and factors for determining interest in the Scheme Division 1.3—Interests in the payment phase 3 Methods and factors for determining interest in the Scheme Division 1.4—Factors Part 2—Factors

Part 1—Preliminary

1 Name of order This order is the Governor‑General Allowance Order 2013.

2 Commencement This order commences on 15 March 2013.

3 Authority This order is made under the Governor‑General Act 1974.

4 Definitions In this order: Act means the Governor‑General Act 1974. Chief Justice's salary means the annual rate of the salary of the Chief Justice of the High Court of Australia. Table 1 means Table 1 of Part 2 of Schedule 1. Table 2 means Table 2 of Part 2 of Schedule 1. Treasury bond rate means: (a) if Treasury bonds with a 10 year term were issued on the last working day of the financial year ending immediately before the period for which the increase is being calculated—the annual rate of return on those bonds; or (b) in any other case—the annual rate of return on Treasury bonds with a 10 year term, as published by the Reserve Bank of Australia for that day. Note: For the definitions of the following terms, see subsection 2A(2) of the Act: (a) associate deferred allowance; (b) associate immediate allowance; (c) member spouse; (d) operative time; (e) retirement allowance; (f) transfer amount.