New South Wales Consolidated Acts

STATE AUTHORITIES NON-CONTRIBUTORY SUPERANNUATION ACT 1987 - SECT 11A

11A Source of administration costs payments

(1) The administration costs payable in respect of the superannuation scheme established under this Act are to be paid from employer reserves established in accordance with this Act.

(2) The administration costs payable in respect of preserved benefits are to be paid from employees’ accounts established in accordance with this Act, except as provided by section 10 (4A).