Industrial Arbitration (Unclaimed Money) Amendment Act 1982 (NSW)

INDUSTRIAL ARBITRATION (UNCLAIMED MONEY)

AMENDMENT ACT, 1982, No. 175

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ANNO TRICESIMO PRIMO

ELIZABETHS II REGINJE

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Act No. 175, 1982.

An Act to amend section 92 of the Industrial Arbitration Act, 1940, to clarify the application of that section in relation to unclaimed money due to an employee in respect of his employment; and for other purposes. [Assented to, 24th December, 1982.]

Act No. 175, 1982. 2

Industrial Arbitration (Unclaimed Money) Amendment.

BE 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 in Parliament assembled, and by the authority of the same, as follows:—

Short title.

1. This Act may be cited as the "Industrial Arbitration (Unclaimed

Money) Amendment Act, 1982".

Amendment of Act No. 2, 1940.

1. The Industrial Arbitration Act, 1940, is amended in the manner set

forth in Schedule 1.

SCHEDULE 1.

(Sec. 2.)

AMENDMENTS TO THE INDUSTRIAL ARBITRATION ACT, 1940.

(1) Section 92 (6)—

After "such employment", insert "(whether or not the amount is a

price, rate or amount to which subsection (1) applies)".

(2) Section 92 (6)—

Omit "Under Secretary.", insert instead "Under Secretary who shall hold the amount so paid for the benefit of the employee.".

(3) Section 92 (6)—

Omit "Any amount so paid to the Under Secretary shall be held by him in trust for the employee.".

1. Act No. 175, 1982.

Industrial Arbitration (Unclaimed Money) Amendment.

SCHEDULE 1—continued.

AMENDMENTS TO THE ARBITRATION ACT, 1940—continued.

(4) Section 92 ( 6 A ) —

Omit the subsection, insert instead:—

(6A) Any amount paid to the Under Secretary under subsection (6) shall be paid by him into an account in the Special Deposits Account in the Treasury and shall be dealt with in accordance with section 31 of the Audit Act, 1902, as if at the time it was so paid it had been placed to the credit of the Special Deposits Account pursuant to section 30 of that Act.