54. On the sixteenth day after the day of the election the Returning
    Officer shall, in the presence of not more than three scrutineers appointed
    by the Board to be present, open and examine all the ballot-papers duly
    delivered to him or received by him through the post as aforesaid, and,
    after rejecting all informal ballot-papers, shall ascertain the candidates
    (not exceeding the total number to be elected by each division of contri-
    butors) who have received the greatest number of the votes of such con-
    tributors, and shall declare the result of such election.

55. If by reason of an equality of votes given for two or more candi-
    dates the election is not complete, the Returning Officer shall complete
    the election by casting lots in the presence of one of the non-elective
    members of the Board.

56. The voting-papers shall, after being counted, be enclosed in a
    sealed packet, and, unless a scrutiny or recount is demanded, shall be
    kept unopened in the custody of the Returning Officer for two months,
    and shall then be destroyed. A scrutiny or recount must be demanded
    in writing by not less than seven voters within fourteen days after the
    declaration of the result of the election, as provided for in Regulation
    54, and in like manner any objection to the validity of the poll
    or otherwise in pursuance of section 23, subsection (1), clause (b), of the
    Act must be lodged with the Returning Officer within such fourteen days.

57. Forthwith after the completion of the election and the expiry of
    such fourteen days, or upon the completion of any such recount or
    scrutiny, or the settlement of any such dispute as to the validity of the
    poll or otherwise, the Returning Officer shall notify in the New Zealand
    Gazette the result of the election, specifying the names of the persons
    elected in the case of each division of the Public Service, the names of
    the candidates, and the number of votes received by each candidate, and
    declaring the candidates who have received the greatest number of votes
    to be elected.

GENERAL.

58. The Public Trustee shall from time to time, as securities offer,
    invest the moneys of the Fund on freehold securities at current rates of
    interest. Such portions of the Fund as shall not be so invested shall
    bear the “Common Fund” rate of interest as defined in the Public
    Trust Office Regulations.

59. The accounts and statements required under section 47 of the Act
    shall be in the forms shown in the Schedules hereto, or to the like effect.

60. The Secretary to the Board shall submit at each quarterly
    meeting of the Board a statement showing the amount at credit of the
    Fund.

61. In computing contributions payable or allowances granted under
    the Act, fractions of a penny shall be taken at the nearest penny.

62. The Board shall pay out of the Fund all expenses incidental to the
    management and administration of the Fund.

SCHEDULES.

FIRST SCHEDULE.

PUBLIC SERVICE SUPERANNUATION FUND.

REVENUE ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER, 19

£ s. d. £ s. d.
Amount of funds at the beginning of the year
Members' contributions—
Under section 29 (ordinary)
Under section 50 (Amendment Act)
Transfers from other superannuation funds
Government contributions
Fines
Interest
Other receipts [to be specified]

Retiring-allowances—
To members
To widows and children
Contributions returned—
Under section 41 (left Service)
Under section 42 or 43 (death)
Under section 38 (retirement)
Transfers to other superannuation funds
Compensation (sec. 32 (f))
Expenses
Other payments [to be specified]
Amount of funds at end of year

BALANCE-SHEET AT THE 31ST DECEMBER, 19

Liabilities. £ s. d. Assets. £ s. d.
Fund as per Revenue Account..

• Retiring-allowances due, in course of payment
• Refunds of contributions due, and in course of payment
• Compensation due, and in course of payment
  Other sums owing [accounts to be specified]

Amount invested with the Public Trustee

• Contributions due, in transmission
  Other sums due [accounts to be specified]

• Included in the corresponding items in the Revenue Account.