New South Wales Consolidated Acts

POLICE REGULATION (SUPERANNUATION) ACT 1906 - SECT 3

3 Police Superannuation Fund

(1) There is hereby established the “Police Superannuation Fund” which, subject to this Act, is under the control of STC.

(2) The Fund consists of:

(a) the amount that, immediately before the constitution of STC, stood to the credit of the Police Superannuation and Reward Fund,

(b) the deductions made under section 5,

(b1) the payments or deductions made under section 5A or 20A,

(c) amounts appropriated from the Consolidated Fund under section 4, and

(c1) any fees paid to STC arising under the family law superannuation legislation or Part 4A, and

(d) any other money received by STC pursuant to this Act.

(3) STC must pay out of the Fund:

(a) the benefits provided by this Act,

(b) such amounts as may be necessary to satisfy any liability of the Fund with respect to tax payable under a Commonwealth taxation law or an amount of superannuation contributions surcharge,

(c) the administration costs relating to the Fund referred to in section 85 of the Superannuation Administration Act 1996 , and

(c1) any administration costs and other amounts payable by STC and arising under the family law superannuation legislation or Part 4A, and

(d) any other money properly payable from the Fund.