South Australian Repealed Acts

This legislation has been repealed.

SOUTHERN STATE SUPERANNUATION ACT 1994 - SECT 9

9—The Southern State Superannuation (Employers) Fund

        (1)         The Treasurer must establish a fund to be named the Southern State Superannuation (Employers) Fund.

        (2)         The following amounts will be credited to the fund:

            (a)         payments to the Treasurer by employers under Part 3 Division 4;

            (aaa)         payments to the Treasurer by or on behalf of employers under section 15B or 15C(2);

            (b)         all interest and accretions arising from investment of the fund.

        (3)         The following amounts will be paid from the fund:

            (a)         the reimbursement of the Consolidated Account or a special deposit account in respect of the employer component of benefits payable under this Act or of invalidity/death insurance benefits payable under this Act;

            (b)         the administrative costs and other expenses of or relating to the administration of this Act (including the costs and expenses of or relating to the investment of the fund itself);

            (c)         the reimbursement of the Treasurer for an amount (if any) paid (whether before or after the commencement of this paragraph) by the Treasurer for a purpose referred to in paragraph (b) together with interest on that amount fixed by the Treasurer.