"formula II"

in relation to any matter to be calculated in accordance with formula II, means—

C × D × E

in which formula—

(a)	C represents the amount which the Minister, subject to the provisions of subsection (2), may with the concurrence of the Minister of Finance determine from time to time;

(b)	D represents the percentage at which the pensionable disability of a specified member may have been determined; and

(c)	E represents the number of dependants of the member;