National Provident Fund Amendment Act 1919
National Provident Fund Amendment Act 1919
National Provident Fund Amendment Act 1919
National Provident Fund Amendment Act 1919
Public Act |
1919 No 26 |
|
Date of assent |
31 October 1919 |
|
Contents
An Act to amend the National Provident Fund Act, 1910.
BE IT ENACTED by the General Assembly of New Zealand in Parliament assembled, and by the authority of the same, as follows:—
1 Short Title.
(1.)
This Act may be cited as the National Provident Fund Amendment Act, 1919, and shall be read together with and deemed part of the National Provident Fund Act, 1910 (hereinafter referred to as the principal Act).
Commencement.
(2.)
This Act shall come into operation on the first day of January, nineteen hundred and twenty.
2 Modification of provisions fixing age and annual income of persons qualified to become contributors to National Provident Fund.
(1.)
Section nine of the principal Act as amended by section twenty-two of the National Provident Fund Amendment Act, 1914, is hereby amended as follows:—
(a.)
By omitting from paragraph (c) the words “forty-five years,”
and substituting the words “fifty years”
; and
(b.)
By omitting from paragraph (d) the words “two hundred and fifty pounds,”
and substituting the words “three hundred pounds.”
(2.)
The First Schedule to the principal Act is hereby extended by adding thereto the particulars set out in the Schedule hereto.
3 Amendment of provisions of principal Act and of Finance Act, 1916, as to maternity benefits for contributors to fund and for members of approved friendly societies.
(1.)
Section eighteen of the principal Act is hereby amended as follows:—
(a.)
By omitting from subsection one and also from subsection two the words “two hundred pounds,”
and in each case substituting the words “three hundred pounds”
;
(b.)
By omitting from subsection one the words “or such less sum as the Board, in pursuance of subsection three hereof, directs”
;
(c.)
By repealing subsection three; and
(d)
By omitting from subsection four the words “and of a nurse,”
and substituting the words “or nurse.”
(2.)
Section sixty-eight of the Finance Act, 1916, is hereby amended as follows:—
(a.)
By omitting from subsection one the words “two hundred pounds,”
and substituting the words “three hundred pounds”
;
(b.)
By omitting from subsection one the words “four pounds,”
and substituting the words “six pounds”
; and
(c.)
By omitting from subsection two the words “and of a nurse,”
and substituting the words “or nurse.”
(3.)
Section sixty-nine of the Finance Act, 1916, is hereby amended by omitting the words “two hundred pounds,”
and substituting the words “three hundred pounds.”
4 Benefits paid under section 18 of principal Act not to be deductible from amount payable by way of refund of contributions to personal representatives of deceased contributors.
The amount received by any contributor under section eighteen of the principal Act shall not be deductible from the amount payable to his personal representatives by way of a refund of contributions pursuant to section fifteen of the principal Act.
5 Special provisions as to payment of allowances in respect of birth of posthumous children and in certain other cases.
(1.)
Payment under section eighteen of the principal Act shall be made to the widow of a deceased contributor in respect of the birth of a posthumous child of the contributor in the same manner as if the contributor were alive at the date of such birth.
(2.)
Payment under section sixty-eight of the Finance Act, 1916, may be made to any member of an approved friendly society whose wife may die without having received payment of any money payable to her under the said section, or such payment may be made to any other person or association who, to the satisfaction of the Board, may have undertaken the care and maintenance of the child in respect of whose birth the payment is made.
6 Section 19 of principal Act (relating to absence of contributors from New Zealand) modified.
Section nineteen of the principal Act is hereby amended by adding the following proviso
“Provided also that the absence of a contributor from New Zealand in the performance of his duties as an officer of the Public Service of New Zealand, or as an officer employed in the administration by the Government of New Zealand of any territory outside New Zealand, shall not be deemed to be absence from New Zealand within the meaning of this Act.”
7 Penalty for making false representations for purpose of obtaining benefits under principal Act.
Every person who makes any wilfully false statement or representation for the purpose of obtaining any benefits or otherwise in respect of any matter under the principal Act or any amendment thereof shall be liable on summary conviction to a fine not exceeding fifty pounds, or to imprisonment for a term not exceeding three months.
8 Section 20 of National Provident Fund Amendment Act, 1914 (authorizing persons to contribute to fund on behalf of other persons), extended.
(1.)
Any association of persons, whether incorporated or not, may become a contributor to the fund on behalf of any other person pursuant to the provisions in that behalf of section twenty of the National Provident Fund Amendment Act, 1914.
(2.)
Where any person or association of persons has become a contributor to the fund on behalf of any other person, such person or association may, by notice in writing addressed to the Superintendent, transfer all his or its rights as a contributor to such last-mentioned person, and thereupon such last-mentioned person shall for all purposes be deemed to be and at all times since the payment of the first contribution on his behalf to have been a contributor to the fund.
(3.)
In any case where a person or association of persons as aforesaid is a contributor to the fund on behalf of a person to whom, if he had been a contributor to the fund, the provisions of section two of the National Provident Fund Amendment Act, 1914 (No. 2), would have been applicable, the amount of the contributions payable on behalf of such last-mentioned person shall be reducible in the same manner as if he were the contributor on his own behalf, and the Board may refund the amount of any contributions paid in excess of the amount that would have been so payable if this subsection had been in force when such contributions were paid.
9 Contributors to superannuation funds, on retirement without retiring - allowance, may become contributors to National Provident Fund on compliance with conditions imposed by Board.
(1.)
Notwithstanding anything to the contrary in the principal Act, the Board may, subject to such conditions as it thinks fit, accept as contributors to the fund any persons who, having been contributors to the Public Service Superannuation Fund, the Teachers’ Superannuation Fund, or the Government Railways Superannuation Fund, have ceased to be contributors to any of those funds and are not in receipt of a retiring-allowance therefrom.
(2.)
The acceptance by the Board of any such person as a contributor to the fund may be subject to a condition requiring the payment into the fund of a lump sum to be determined by the Board, and in any such case the contributor shall be deemed to have been a contributor to the fund continuously as from a date to be fixed by the Board, being not earlier than four years from the date of the acceptance of such person as a contributor to the fund.
10 Section 12 of National Provident Fund Amendment Act, 1914, amended.
Section twelve of the National Provident Fund Amendment Act, 1914, is hereby amended by omitting from subsection one the words “in respect of,”
and substituting the words “so as to provide for a reduced or increased rate of pension for.”
11 Section 72 of Finance Act, 1916, amended.
Section seventy-two of the Finance Act, 1916, is hereby amended by adding to subsection one the following proviso:—
“Provided that there may be deducted from any instalment of pension payable as aforesaid any amount due and payable by the member to the society in accordance with its rules relating to contributions for benefits in event of sickness.”
12 Section 73 of Finance Act, 1916, amended.
(1.)
Section seventy-three of the Finance Act, 1916, is hereby amended as follows:—
(a.)
By inserting, after the words “the society”
where those words first occur, the words “or branch to which the member belongs”
; and
(b.)
By inserting, after the words “and thereupon the society,”
the words “or branch.”
(2.)
In lieu of requiring any society, on application for its approval for the purposes of Part IX of the last-mentioned Act, to make provision by its rules for payment into the fund of any amount required to be so paid pursuant to section seventy-three of that Act, the Board may grant its approval if the rules provide for payment into the fund from time to time of such sums as may be certified by the Actuary appointed under section twenty-four of the principal Act as sufficient for the purposes of the said section seventy-three, and payment may be made in accordance with such rules accordingly.
Schedule
| Age of Contributor when First Contribution is made. | Weekly Contribution required to secure a Pension of Ten Shillings a Week at Sixty Years of Age. | Weekly Contribution required to secure a Pension of Twenty Shillings a Week at Sixty Years of Age. | Weekly Contribution required to secure a Pension of Thirty Shillings a Week at Sixty Years of Age. | Weekly Contribution required to secure a Pension of Forty Shillings a Week at Sixty Years of Age. | ||||
|---|---|---|---|---|---|---|---|---|
| s. | d. | s. | d. | s. | d. | s. | d. | |
| 46 | 5 | 7 | 11 | 2 | 16 | 9 | 22 | 4 |
| 47 | 6 | 6 | 13 | 0 | 19 | 6 | 26 | 0 |
| 48 | 7 | 5 | 14 | 10 | 22 | 3 | 29 | 8 |
| 49 | 8 | 4 | 16 | 8 | 25 | 0 | 33 | 4 |
| 50 | 9 | 4 | 18 | 8 | 28 | 0 | 37 | 4 |