New South Wales Consolidated Acts

LOCAL GOVERNMENT AND OTHER AUTHORITIES (SUPERANNUATION) ACT 1927 - SECT 15C

15C Moneys part of Provident Fund

(1) Any moneys paid to the board by or on the authorisation of a permanent servant (other than a contributor to the Pension Fund) under this Part shall be paid into the Provident Fund and shall, subject to the provisions of this Part, be deemed to be moneys payable into the Provident Fund under Part 3 and shall be dealt with by the board accordingly.

(2) Any moneys paid to the board by or on the authorisation of a contributor to the Pension Fund under this Part shall be paid into the Pension Fund and shall, subject to the provisions of this Part, be deemed to be moneys payable into the Pension Fund under Part 3D and shall be dealt with by the board accordingly.

(3) Any moneys paid to the Pension Fund under this Part shall be disregarded in determining benefits payable under Part 3D.