For the purposes of this Act, the retiring age for the rank held by a member of the Defence Force at any time is:
(a) in the case of a member who is a member of the Permanent Forces--the age for compulsory retirement of the member ascertained in accordance with, or in accordance with regulations under, the Naval Defence Act 1910 - 1971 , the Defence Act 1903 - 1970 or the Air Force Act 1923 - 1965 ; or
(b) in the case of a member who is not a member of the Permanent Forces--the age for compulsory retirement, as ascertained in accordance with paragraph (a), of a member of the same rank and branch who is a member of the Permanent Forces.