15-JUN-1993 15:24
PAUL FIFOOT
0372723755
P.07/12
(c) Increase the sum obtained at paragraph (b) in April of each year up to the date on which a calculation is to be made to determine whether a supplementary payment is payable under paragraph 5 of the Scheme by the appropriate percentage increasc rate obtained from the relevant Orders made under section 59 of the United Kingdom Social Security Pensions Act 1975, as from time to time in force, as if the sum obtained at paragraph (b) were a pension begining on the same date as that used to determine the entitlement of the officer to a pension supplement under regulations made under section 11 of the Pensions (Increase) Act 1971 [or such date as would have been used had the officer been entitled to such a pension supplement] ;
(d) The sum obtained at paragraph (b) as increased in accordance with paragraph (c) is the sterling value of the pensioner's notional Hong Kong pension.
(e) Divide the sterling value of the pensioner's notional Hong Kong pension by 12 to obtain the monthy rate of such sterling value,
D: Members of HMOCS ("officers") who retire after the coming into operation of this Scheme from United Kingdom Government service or the service of some other Scheduled Government who, on retirement, are granted a pension under a relevant law of Hong Kong in respect of their service in
Hong Kong
To calculate the sterling value of the officer's notional Hong Kong pension, follow the rules set out in Head C above, substituting for paragraph (b) the following paragraph:
(b) Convert the sum obtained in Hong Kong dollars at paragraph (a) into sterling at the following rate of exchange:
(i) the rate of exchange on the date on which
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