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GOVERNMENT SUPERANNUATION FUND AMENDMENT ACT 1961 - SECT 4
Contributors with service in Western Samoa
4 Contributors with service in Western Samoa
1 All persons who, at the termination on the 1st day of January 1962 of the
Trusteeship Agreement for the Territory of Western Samoa, are contributors in
respect of their service in the Western Samoan Public Service or the Western
Samoa Trust Estates Corporation shall thereupon cease to be contributors to
the Fund: Provided that, where the service of any person is then
deemed under subsection (2) of this section to be Government service, that
person shall not thereupon cease to be a contributor to the Fund; and, where
the service of any person is thereafter deemed under subsection (2) of this
section to be Government service, that person shall be deemed not to have
ceased to be a contributor to the Fund at the termination of the said
Trusteeship Agreement.
2 With the consent of the Board in each
case, the service in any capacity of the Government of Western Samoa or of the
Western Samoa Trust Estates Corporation by any contributor who, at the
termination on the 1st day of January 1962 of the Trusteeship Agreement for
the Territory of Western Samoa, is or has been employed in the New Zealand
Government Service, or by any other contributor approved by the Board in any
special case, shall be deemed by the Board for the purposes of the principal
Act to be Government service.
3 Where after the termination on the 1st day of
January 1962 of the said Agreement any person who is for the time being
employed in the Government service and is a contributor to the Fund enters the
service of the Government of Western Samoa or of the Western Samoa Trust
Estates Corporation, that person may, if the Board in its absolute discretion
so approves, continue to be a contributor to the Fund.
4 Subject to the
completion of an agreement between the Government of Western Samoa and the
National Provident Fund Board pursuant to section 60 of the National Provident
Fund Act 1950 , there shall be paid into the National Provident Fund: a) Out
of the Government Superannuation Fund the amount certified by the Government
Actuary as being the portion of the Fund held in respect of those persons who
cease under subsection (1) of this section to be contributors to the Fund:
b)
Out of the Consolidated Account, without further appropriation than this
section, the amount certified by the Government Actuary as being the present
value of the amounts which would have become payable from time to time under
subsection (1) of section 95 of the principal Act in respect of service before
the termination, on the 1st day of January 1962, of the Trusteeship Agreement
for the Territory of Western Samoa of those persons who cease under subsection
(1) of this section to be contributors to the Fund.
History: Subsection
(4)(b) was amended, as from 1 April 1978, by substituting a reference to the
Consolidated Account for a reference to the Consolidated Revenue Account (as
substituted for a reference to the Consolidated Fund by section 4(4) Public
Revenues Amendment Act 1963 ) by section 114(6) Public Finance Act 1977 (1977
No 65).
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