Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) In respect of a payment made under subsection (1) of section 82 or subsection (1) of section 83, the Commonwealth shall pay to the Provident Account an amount equal to two - thirds of the payment.
(2) In respect of a payment made under subsection (2) of section 82 or subsection (2) of section 83, the Commonwealth shall pay to the Provident Account an amount equal to the sum of:
(a) two - thirds of the amount (in paragraph (b) referred to as the base amount ) that would have been the amount of the payment if the payment had been made under subsection (1) of section 82 or subsection (2) of section 83; and
(b) the amount by which the amount of the payment exceeds the base amount.
(3) This section does not have effect on and after 1 July 1976.