[1
=24 8184
(a)
(a)
The relevant Table:
for
V
Table 1:
for officers
whom the Pensions Ordinance applies.
-hom the Pension Benefits Ordinance
applies, is Table II:
for judges, or the Registrar or a deputy Registrar of the Supreme Court. whose normai retirement age is 66. Table III;
for judges whose normal retirement ‘age is 50. is Table
The notional sum would be calculated as follows:
(3)
(a)
by
(b)
(1)
identifying the entitled officer's salary point
substantive grade held by him on 30 June 1996 or the
of his retirement under this Scheme whichever
the Cate later, and then determine the salary appropriate to that salary
point of that grade at 1 April 1992 ("the notiona. 1992 salary");
multiply the notional 1992 salary by the appropriate increase Factor under the United Kingdom Pensions Increase (Review) Order for the year in which the office: retires under this Scheme ag though the notional 1991 salary were a pension beginning in April 1992; thic Would produce a "notional salary", based on the movement of the United Kingdom Retail Price Index from 1992 to the year of retirement;
multiply the notional salary by the appropriate factor taken
the relevant Table, which will produce a sum in HK dollars:
from
convert the sum arrived at from sub-paragraph (c) into sterling using the average rate of exchange between the HK dollar and the E sterling during the period 1972 to 1991, i.e £1
the resulting sum in sterling is the sum payable under this Scheme.
PAYMENTS OF BENEFITS
7.
The sum payable under the Scheme will be paid to every entitled officer 3S soon as possible after 30 June 1997 or in the case of officers retiring under the Scheme between 30 June 1996 and 30 June 1997 one month before the officer commences his pre-retirement leave.
PLACE OF PAYMENT AND RATE OF EXCHANGE
3.
Any payment under this Scheme to an entitled officer or