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Regulation 23 Retirement compensation for diminution of emoluments

Original text. Later amendments are not shown.

Regulations 20 and 21 shall apply to a person to whom this Part of these regulations applies and who has suffered a diminution of his emoluments, as if he had suffered loss of employment and as if the loss of emoluments occasioned thereby had been equivalent to the amount of the diminution:

Provided that no compensation shall be payable—

(i)

if the emoluments have been diminished by less than 2½ per cent; or

(ii)

if the person has continued to pay superannuation contributions as if his emoluments had not been diminished.