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Calculation of pensionable remuneration of established servant.
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59.—(1) A local authority shall, from time to time and whenever so directed by the Minister, determine the annual money value of every (if any) emolument of an established servant and shall keep displayed, in every office or institution which they maintain and in a conspicuous position accessible to their servants, a list of the values so determined of the emoluments of the established servants employed in or from such office or institution.
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(2) A determination under subsection (1) of this section shall be subject to the sanction of the Minister.
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(3) Where an established servant is in receipt of a particular rate of wages on any day, his pensionable remuneration for the purposes of this Part of this Act on that day shall be—
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(a) in case the period or the aggregate of the periods which under this Part of this Act he is entitled to reckon as service is not less than three years—
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(i) if, during the whole of the period or periods comprising the last three years of the period or the aggregate of the periods which under this Part of this Act he is entitled to reckon as service, he was either in receipt of wages at the said particular rate or was in the same grade of servants—the amount of wages which he would receive in a year calculated by reference to the said particular rate, or
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(ii) in any other case—one-third of the aggregate of the amounts received by him by way of wages during the said period or periods comprising the said three years, or, in a case where he was not on full wages during the whole of the said period or periods, one-third of the aggregate of the amounts which he would have so received if he had been on full wages during the whole of the said period or periods, or
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(b) in case the period or the aggregate of the periods which under this Part of this Act he is entitled to reckon as service is less than three years—
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(i) if, during the whole of the said period or periods, he was either in receipt of wages at the same particular rate or was in the same grade of servants—the amount of wages which he would receive in a year calculated by reference to the said particular rate, or
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(ii) in any other case—the weekly average, multiplied by fifty-two, of the amounts received by him by way of wages during the said period or periods or, in a case where he was not on full wages during the whole of the said period or periods, the weekly average, multiplied by fifty-two, of the amounts which he would have so received if he had been on full wages during the whole of the said period or periods,
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together with the annual value as then determined under subsection (1) of this section of his emoluments, if any.
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