Government Superannuation Fund Amendment Act 1973

Government Superannuation Fund Amendment Act 1973

Public Act1973 No 94
Date of assent21 November 1973

Note

This Act is administered in the Government Superannuation Fund Department.


1 Short Title
  • This Act may be cited as the Government Superannuation Fund Amendment Act 1973, and shall be read together with and deemed part of the Government Superannuation Fund Act 1956 (hereinafter referred to as the principal Act).

2
3 Contributors who are members of Calibration Flight of Ministry of Transport
  • (1) This subsection amended section 11 of the Government Superannuation Fund Amendment Act 1970.

    (2) Notwithstanding the provisions of subsection (1) of this section, any person designated as a Flight Engineer (Maintenance) who at the passing of this Act is a contributor subject to Part 2 of the Government Superannuation Fund Amendment Act 1970 may, by notice in writing to the Superintendent, elect before the 1st day of December 1973 to remain subject to the provisions of the said Part 2 during such time as he remains a contributor to the Fund as a member of the Aviation Calibration Occupational Class of the Ministry of Transport:

    Provided that where any such person does not so elect,—

    • (a) Any contributions payable by him and any retiring allowance payable to him and any amount payable to him pursuant to an election under section 91 of the principal Act shall be computed as if Part 2 of the Government Superannuation Fund Amendment Act 1970 had not been enacted; and

    • (b) He shall be entitled to a refund of an amount equal to the difference between his actual contributions and the contributions he would have paid had he not been subject to the said Part 2.

    (3) Subsection (1) of this section shall come into force on the 1st day of December 1973.