Commonwealth Consolidated Acts

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DEFENCE FORCES RETIREMENT BENEFITS ACT 1948 - SECT 83C

Rounding of percentages

    If any of the following is or includes a fraction of one - tenth of 1%:

  (a)   the prescribed percentage;

  (b)   the LCI percentage;

  (c)   the 55 - plus percentage;

then:

  (d)   disregard the fraction if it is less than half of one - tenth; and

  (e)   otherwise--treat the fraction as if it were one - tenth.



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