Territory of Christmas Island
Phosphate Mining Company of Christmas Island Limited Provident Fund Ordinance 1982
No. 6 of 1982
I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Ordinance under the Christmas Island Act 1958.
Dated 25 June, 1982.
ZELMAN COWEN
Governor-General
By His Excellency’s Command,
d. t. mcveigh
Minister of State for Home Affairs and Environment
Territory of Christmas Island
Phosphate Mining Company of Christmas Island Limited Provident Fund Ordinance 1982
Ordinance No. 6 of 1982
made under the
Christmas Island Act 1958
An Ordinance to establish the Phosphate Mining Company of Christmas Island Limited Provident Fund, and for related purposes
Contents
Page
1 Short title 2
2 Interpretation 2
3 Provident fund 2
4 Deposit of documents 3
5 Inspection of documents 3
1 Short title
This Ordinance may be cited as the Phosphate Mining Company of Christmas Island Limited Provident Fund Ordinance 1982.1
2 Interpretation
In this Ordinance:
company means the company incorporated under the Companies Ordinance 1962 of the Australian Capital Territory by the name “Phosphate Mining Company of Christmas Island Limited”.
employee means an employee of the company.
fund means the provident fund established by this Ordinance.
3 Provident fund
(1) There is established by this Ordinance a provident fund to be known as the “Phosphate Mining Company of Christmas Island Limited Provident Fund”.
(2) The company:
(a) shall arrange for trustees to hold, manage and apply the assets of the fund; and
(b) may make arrangements from time to time, by instrument in writing, with the trustees for or in relation to the holding, management and application of the assets of the fund.
(3) Without limiting the generality of paragraph (2) (b), an arrangement referred to in that paragraph may be made for or in relation to:
(a) the appointment and removal of trustees;
(b) the class or classes of employees eligible to become members of the fund;
(c) the payment of moneys into the fund;
(d) the rate, if any, at which a member, a class of members or the company may contribute moneys to the fund;
(e) the deduction of contributions to the fund from the salaries of members;
(f) the powers and duties of the trustees;
(g) the payment of benefits from the fund; and
(h) the investment of moneys standing to the credit of the fund that are not required for the payment of benefits.
4 Deposit of documents
The company shall deposit a copy of each instrument by which it makes an arrangement under paragraph 3 (2) (b):
(a) with the Administrator; and
(b) at the head office of the company in the Territory,
as soon as practicable after making the arrangement.
5 Inspection of documents
An employee, a former employee or a dependant of an employee or of a former employee may:
(a) inspect a copy of an instrument deposited at the head office of the company under paragraph 4 (b); and
(b) require the company to supply him, at his own expense, with a copy of such an instrument or part of such an instrument.
Note
1. Notified in the Commonwealth of Australia Gazette on 2 July 1982.