Superannuation, Sick, Death, Insurance, Guarantee and Endowment (Local Governing Bodies' Employees) Funds Act 1947 (WA)

No. 58.] Superannuation, Sick, Death, Insur- [1947

ante, Guarantee and Endowment

(Local Governing Bodies'

Employees) Funds.

SUPERANNUATION, SICK, DEATH, INSUR- ANCE, GUARANTEE AND ENDOWMENT

(LOCAL GOVERNING BODIES'

EMPLOYEES) FUNDS.

11° and 12° GEO. VI., No. LVIII.

No. 58 of 1947.

AN ACT to authorise local governing bodies to estab- lish and maintain superannuation and certain other funds for employees.

[Assented to 10th January, 1948.]

BE it enacted by the King's Most Excellent Majesty,by and with the advice and consent of the Legis- lative Council and Legislative Assembly of Western Australia, in this present Parliament assembled, and by the authority of the same, as follows :—

Short title. 1. This Act may be cited as the Superannuation,

Sick, Death, Insurance, Guarantee and Endowment

(Local Governing Bodies' Employees) Funds Act, 1947.

Interprets- 2. For the purposes of this Act

Urns'.

"corporation" means a municipality constituted under the provisions of the Municipal Corpora- tions Act, 1906-1947 and a. board of a road district constituted under the provisions of the Road Districts Act, 191.9-1947.

Schemes may	3. Any corporation may formulate and, with the
be formulated

and subject to	approval of the Governor, put into operation schemes
approval put
into effect.	for establishing and administering superannuation, sick, death, insurance and guarantee funds for any of its employees and for the purpose may-

1.947.] Superannuation, Sick, Death, Insult [No. 58.

ance, Guarantee and Endowment

(Local Governing Bodies'

Employees) Funds.

(a) enter into such agreements, including .agree. ,A„ftryee=st

ments with other corporations, as shall, sub- to al:Ft erlVta,

ject to the approval of the Governor, be in	tto•	of
No .

necessary or convenient for carrying into 6

19_5, s. no.

operation or for facilitating the operation of

any scheme;

(b) establish and maintain the fund under any aEns,lambialisnit-ment leunnadnce of

scheme by contributions—

(i) from the ordinary revenue of the cor- Fiyo no tortilb )o ttit.a i n s

Mon from

poration, ordinary

(ii)    deducted from the remuneration of its revenue.

employees who voluntarily elect to 'yonotirnItlitot,tr.

become participants in the scheme.

4.    Any scheme, referred to in the next preceding vPariVastito',Y07

section, in operation at the commencement of this Act e

s Tetntegs.

and any agreement entered into before the commence- ment of this Act for carrying into operation or for facilitating the operation of the scheme may be pro- claimed by the Governor to be valid and ratified on and from the day on which it was put into operation or executed, as the case may be, and thereupon the scheme and all agreements and things executed and done in putting the scheme into operation and maintaining it in operation shall be validated and ratified.

5.    The provisions of the Act under which a corpora- Application

tion is constituted relating to the keeping and audit of to account's.

accounts shall apply in respect of any fund mentioned

in this Act and the accounts relating thereto.

The provisions of this Act shall be in addition to and not in derogation of the provisions of section one	s. 180 para.
43 (a) added
by No. 59 of1945, s. 7 (e)
hundred and eighty paragraph 43 (a) of the Municipal	not affected.
Corporations Act, 1906-1947, which enables a council to make by-laws for the purposes of establishing funds referred to in this Act.

6.

7.    The Governor may make regulations necessary or Authority

convenient for carrying into operation or facilitating I.:gtilakteons.

the operation of this Act.