EXPLANATORY STATEMENT
ROYAL AUSTRALIAN NAVY RELIEF TRUST FUND REGULATIONS 1951
ROYAL AUSTRALIAN NAVY RELIEF TRUST FUND RULES
Issued by Authority of the Trustees of the Royal Australian Navy (‘RAN’) Relief Trust Fund
Section 5 of the Services Trust Funds Act 1947 (‘the Act’) provides for the appointment of trustees for funds established under that Act. Part IV of the Act establishes the Royal Australian Navy (‘RAN’) Relief Trust Fund.
The RAN Relief Trust Fund Regulations, made under the Act, prescribe various matters relating to the administration of the RAN Relief Trust Fund.
Regulation 9 of the RAN Relief Trust Fund Regulations permits the trustees to make such rules as are necessary for the proper administration of the RAN Relief Trust Fund.
The RAN Relief Trust Fund Rules provide that Trustees:
May receive and consider applications for benefits from eligible persons and provide benefits to eligible beneficiaries;
May receive donations of property and other assets and add these to the Fund;
May invest part of the Fund;
May appoint delegates to administer the Fund;
Are not to receive remuneration for the work they perform for the Fund;
Are not eligible to receive benefits from the Fund; and
Must comply with all applicable Commonwealth legislation.
The RAN Relief Trust Fund Rules is a legislative instrument for the purpose of the Legislative Instruments Act (the LIA).
The RAN Relief Trust Fund Rules take effect on the day after their registration on the Federal Register of Legislative Instruments.
Consultation was considered unnecessary pursuant to section 18 of the LIA because the Rules relate to the management of members of the Australian Defence Forces.