Public Service Superannuation Regulations




Feb. 18.] THE NEW ZEALAND GAZETTE. 325

Regulations under the Public Service Superannuation Act, 1927.

BLEDISLOE, Governor-General.

ORDER IN COUNCIL.

At the Government Buildings at Wellington, this 10th day of February, 1932.

THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL.

IN pursuance and exercise of the powers and authorities conferred upon him by Part I of the Public Service Superannuation Act, 1927 (hereinafter referred to as “the Act” or “the said Act”), His Excellency the Governor-General of the Dominion of New Zealand, acting by and with the advice and consent of the Executive Council of the said Dominion, doth hereby revoke the regulations made under the Public Service Classification and Superannuation Act, 1908, on the twenty-first day of December, one thousand nine hundred and sixteen, and the thirteenth day of August, one thousand nine hundred and eighteen, and enuring under the said Act, and in lieu thereof doth hereby make the following regulations under and for the purposes of Part I of the said Act.

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REGULATIONS.

THE BOARD.

  1. All meetings of the Board shall be held in Wellington.

  2. (1) Meetings shall be held quarterly, on the second Thursday in February, May, August, and November, commencing at such hour as the Board determines, and at such other times as the Board may decide.

(2) Meetings shall also be held on Friday of each week, commencing at such hour as the Board determines, for the purpose of dealing with applications for loans and other matters relating to the investment of the fund.

  1. Special meetings shall be held at such times as the Board decides, and also upon written request duly lodged with the Secretary to the Board and signed by at least three members of the Board. Such request shall set forth clearly the special business to be considered at such meeting.

  2. On receipt of any such request the Secretary shall fix the date of such special meeting, being not later than ten days after the receipt of such request, and he shall forthwith duly notify the members of the Board as to such special meeting.

  3. At all meetings the Chairman shall have a deliberative as well as a casting vote.

  4. The Board shall keep a correct record of the business transacted at its meetings.

  5. (1) Every member of the Board shall receive notice of the business to be transacted at the quarterly meetings at a reasonable time prior to the date of any such meeting, and a notice concerning the business to be transacted at a weekly meeting or at any special meeting at a reasonable time prior to the holding of such meeting. Such notices shall be issued by the Secretary to the Board.

(2) When a quorum of members of the Board is not present at any meeting at the hour for which such meeting has been called, the members present may adjourn such meeting to such time and place as they may decide.

  1. Members of the Board shall not be entitled to or be paid any remuneration for their services as members, but shall, whilst travelling on the business of the Board, be entitled to travelling-allowance for personal expenses at the rate prescribed from time to time for officers of the Public Service by regulations under the Public Service Act, 1912.

  2. Every member shall be allowed such special leave from his official duties (exclusive of any leave which he might otherwise be entitled to) as may be necessary to enable him to attend meetings of the Board: Provided that any elective member of the Board being unable for any pressing reason to attend any meeting shall notify the Secretary accordingly, and the Board may grant him leave of absence from that meeting.

CONTRIBUTIONS TO THE FUND.

  1. All persons who are employed hereafter in permanent positions on probation, under agreement that if their appointment is made permanent it is to date from the time of their entering the Service, shall become contributors as from the date of their appointment being made permanent.


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💰 Regulation under the Public Service Superannuation Act, 1927 (continued from previous page)

💰 Finance & Revenue
10 February 1932
Order in Council, Public Service Superannuation, Regulations, Board Meetings, Contributions
  • BLEDISLOE, Governor-General
  • THE RIGHT HON. G. W. FORBES, PRESIDING IN COUNCIL