Public Service Superannuation Acts Amendment Act of 1947 (11 Geo Vi No. 44) (Qld)

274 PUBLIC SERVICE. II GEO. VI. No. 44, 1947. Public Service Superannuation, Etc., Act. PUBLIC SERVICE. 11 GEO. VI. An Act to Amend "The Public Service Superannua- No. 4-.1. THE PliBLIC SERVICE tion Acts, 1912 to 1937," in a certain SUPER- ANNUATION particular. AiCTS AMENDMHNT ACT OF 1947. [ASSENTED TO 9TH DECEMBER, 1947.] B E it enacted by the King's Most Excellent Majesty, by and with the advice and consent of the Legis- lativeAssembly of Queensland in Parliament aclsembled, and by the authority of the same, as follows;- Short title I. This Act may be cited as "'The Public Service caonnds t ruet· Ion. Superannuation Acts Amendmen • t Act oif • 1947," a • nd shall be read as one with *"The Pubhc Servtce Superannuatwn Acts, 1912 to 1937" (as amended by t" The Financial Emergency Act of 1931 "), herein referred to as the Principal Act. Collective The Principal Act and this Act may be collectively title. cited as "The Public Service Superannuation Acts, 1912 to 1947." Amendment of the Principal Act. Amendment 2. The second paragraph of section ten of the of8.10. Principal Act is repealed and the following paragraph is inserted in lieu thereof, namely;- "During the period of ten years commenced on the first day of July, one thousand nine hundred and twenty-seven, and during the two further periods of ten years each commenced respectively on the first day of July, one thousand nine hundred and thirty-seven, and the first day of July, one thousand nine hundred and forty-seven, the moneys to the credit of the Fund shall be, and it is hereby declared always were to be, credited with interest at the rate of five pounds per centum per annum in accordance with the monthly balance; and during such periods as aforesaid the Consolidated Revenue is, and it is hereby declared always was, hereby charged with the payment of the said interest at the rate aforesaid." * 3 G. 5 No. 28 and amending Acts. t 22 G. 5 No. 1.