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Pre-retirement allowance — payment of allowance.
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15.— Section 149 of the Principal Act is amended—
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(a) in subsection (5), by substituting “subsections (6) and (8)” for “subsection (6)”, and
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(b) by inserting the following after subsection (6):
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“(7) Notwithstanding the provisions of this Chapter and subject to subsection (8), pre-retirement allowance shall not be payable to a person in respect of any period of retirement which begins on or after such date as may be prescribed.
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(8) Subsection (7) shall not apply where a continuous period of retirement, as read in accordance with subsection (5), began before the date prescribed for the purposes of subsection (7).”.
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