CAP. 89]

[r. 18 cont.]

(38 of 1932).

G.N.A. 146/50.

Pensions.

years those pensionable emoluments shall be taken; and

(ii) if such figure is less than the annual pensionable emoluments which would have been enjoyed by him at the date of his retirement, if he had continued to hold any office from which he has been transferred at any time during such period of three years, and had received all increments which, in the opinion of the Governor would have been granted to him, the annual pensionable emoluments which would have been so enjoyed shall be taken;

(iii) for the purpose of calculating pensionable emoluments under this sub-paragraph, the officer shall be deemed to have been on duty on full pensionable emoluments throughout the said three years.

(2) In the application of paragraph (1) to an officer to whom the Pensions Ordinance, 1932, applied prior to the commencement of the Ordinance and who retires before the 1st day of January, 1950, the provisions of the preceding paragraph of this regulation shall be applied to the pensionable emoluments which such officer would have received in accordance with the interpretation given to the words "pensionable emoluments" in the Pensions Ordinance, 1932, had he not become subject to a scale of pay operative in this Colony in consequence of the Salaries Revision, 1947, and had he received all the increments which in the opinion of the Governor would have been granted to him, if this shall be to such officer's advantage.

(3) In the application of this regulation where the pensionable emoluments of an officer for a period prior to the 1st day of January, 1947, are required to be taken into account, there shall be taken into account in lieu of such pensionable emoluments the pensionable emoluments which such officer would have enjoyed during such period had he been subject at the commencement of such period to a scale of pay operative in this Colony on the 1st day of January, 1947, in consequence of the Salaries Revision, 1947, if this shall be to an officer's advantage.

(4) "Salaries Revision, 1947" for the purpose of this regulation shall have the same meaning as that given to the expression in section 19 of the Ordinance.

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