New South Wales Consolidated Acts

COAL AND OIL SHALE MINE WORKERS (SUPERANNUATION) ACT 1941 - SECT 19C

19C Coal and Oil Shale Mine Workers Compensation Subsidy Fund

(1) There shall be established under this Part a Fund to be known as the Coal and Oil Shale Mine Workers Compensation Subsidy Fund (hereinafter in this Part referred to as the Subsidy Fund).

(2) The Subsidy Fund shall consist of such moneys as are required or authorised by this Act to be paid into that Fund.

(3) There shall be payable out of the Subsidy Fund:

(a) all subsidies payable to mine workers in pursuance of this Part,

(b) the expenses involved in the administration of this Part.

(4) The Corporate Trustee is responsible for administering the Subsidy Fund in accordance with this Part.