New South Wales Consolidated Acts

ABERDARE COUNTY COUNCIL (DISSOLUTION) ACT 1982 - SCHEDULE 1

SCHEDULE 1

(Section 18 (1))

Table 1

Amount to be paid to AGL Superannuation Fund Trustees in respect of servant of Council to whom Part 2 of the Local Government and Other Authorities (Superannuation) Act 1927 , applies.
The amount calculated in accordance with the formula where:

"A" represents the total of the premiums paid by the servant of the Council in respect of policies of assurance that are to be cancelled pursuant to section 17 (1) in so far as they relate to him.
"B" represents the total amount of all premiums paid in respect of those policies of assurance in so far as they relate to the servant of the Council.
"C" represents the amount that, by the operation of section 17 (1), is payable to the Company by the Local Government Superannuation Board.

Table 2

Amount to be paid to AGL Superannuation Fund Trustees in respect of servant of Council to whom Part 3 of the Local Government and Other Authorities (Superannuation) Act 1927 , applies.
One-half of the amount that, by the operation of section 17 (2), is payable to the Company by the Local Government Superannuation Board.

Table 3

Amount to be paid to AGL Superannuation Fund Trustees in respect of servant of Council to whom Parts 2 and 3 of the Local Government and Other Authorities (Superannuation) Act 1927 , apply.
The total of the amounts calculated in relation to the servant of the Council under Table 1 and Table 2.

Table 4

Amount to be paid to AGL Superannuation Fund Trustees in respect of servant of Council to whom Part 3B of the Local Government and Other Authorities (Superannuation) Act 1927 , applies.
The total of:

(a) one-half of the amount transferred in respect of the servant of the Council pursuant to section 15K (3) (c) of the Local Government and Other Authorities (Superannuation) Act 1927 , or section 15L (9) (a) of that Act,

(b) such part of the proceeds of the surrender or cancellation of the insurance policies referred to in sections 15K (3) and 15L (9) of that Act as would be payable if Table 1 applied,

(c) the amount of interest credited to the account of the servant of the Council in the Benefits Fund under that Act that is attributable to the amounts referred to in paragraphs (a) and (b) of this Table,

(d) two-fifths of the amount of the contributions received or receivable by the Local Government Superannuation Board in respect of the servant of the Council pursuant to Part 3B of that act in respect of the servant of the Council, and

(e) two-fifths of the amount of any interest credited to the account of the servant of the Council in the Benefits Fund under that Act that is attributable to the contributions referred to in paragraph (d) of this Table,

Table 5

Amount to be paid to AGL Superannuation Fund Trustees in respect of servant of Council to whom Part 3D of the Local Government and Other Authorities (Superannuation) Act 1927 , applies.
An amount equal to the amount referred to in section 17 (4) (b) in relation to the servant of the Council.