Government Railways (Superannuation) Amendment Act 1967 (NSW)
GOVERNMENT RAILWAYS (SUPERANNUATION)
AMENDMENT ACT.
ANNO SEXTO DECIMO
ELIZABETHE II REGIINE
Act No. 85, 1967.
An Act to enable certain superannuation allowances payable from the Government Railways Super annuation Account to be increased; for this and other purposes to amend the Government Rail ways Act, 1912, as amended by subsequent Acts; and for purposes connected therewith. [Assented to, 18th December, 1967.]
ways (Superannuation) Amendment Act, 1967". (2) D E it enacted by the Queen's Most Excellent Majesty, by
and with the advice and consent of the Legislative
Council and Legislative Assembly of New South Wales inParliament assembled, and by the authority of the same, as
follows: —
1. (1) This Act may be cited as the "Government Rail
(2) The Government Railways Act, 1912, as amended by subsequent Acts and by this Act, may be cited as the Government Railways Act, 1912-1967.
2. The Government Railways Act, 1912, as amended by
subsequent Acts, is amended by inserting next after section
11 4B the following new section : —
114c. (1) In this section "basic allowance" means a superannuation allowance that would, pursuant to subsec tion two of section one hundred and fourteen of this Act, be payable by fortnightly instalments of sixteen dollars.
(2) Unless the board in a particular case otherwise determines, superannuation allowances of an amount less than the amount of the basic allowance shall be increased—
(a)
in the case of an allowance that is payable at the commencement of this section, as on and from that commencement; or
(b)
in the case of an allowance that first becomes payable after the commencement of this section, as on and from the day on which it first becomes payable,
to an amount, not exceeding the amount of the basic
allowance, determined by the board in each case.
(3) The board may review any determination
made by it pursuant to this section (including any deter
make a further determination which, subject to subsec mination made by it pursuant to this subsection) and tion four of this section, shall have effect in lieu of the
determination reviewed.(4) A determination made by the board
pursuant to subsection three of this section—
(a)
shall not operate to increase a superannuation allowance to an amount exceeding that of the basic allowance; and
(b)
(b)
shall take effect as on and from a day specified by the board when making the determination,, being a day not earlier than the day on which the determination reviewed took effect.
(5) The board may, before exercising the powers conferred upon it by this section, require any person entitled to a superannuation allowance of an amount not exceeding the amount of the basic allowance to furnish such information relevant to the exercise of those powers as the board considers necessary in the circumstances.
(6) Where a superannuation allowance is, in any year, subject to abatement pursuant to section one hundred and fifteen of this Act, the amount of the allowance, for the purpose of—
(a)
determining whether the allowance is an allow ance to which this section applies; and
(b)
making a determination pursuant to subsection two or three of this section,
shall be deemed to be the annual amount payable after
abatement for that year.(7) This section shall commence upon a day to be appointed by the Governor and notified by proclamation published in the Gazette.
INDUSTRIAL
0
0
0