Industries Development Commission Amendment Act 1982
Industries Development Commission Amendment Act 1982
Industries Development Commission Amendment Act 1982
Industries Development Commission Amendment Act 1982
Public Act |
1982 No 80 |
|
Date of assent |
23 November 1982 |
|
An Act to amend the Industries Development Commission Act 1961
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
This Act may be cited as the Industries Development Commission Amendment Act 1982, and shall be read together with and deemed part of the Industries Development Commission Act 1961 (hereinafter referred to as the principal Act).
2 Superannuation or retiring allowances
The principal Act is hereby amended by inserting, after section 12a, the following section:
“12b
For the purpose of providing a superannuation fund or retiring allowance for members of the Commission, sums by way of subsidy or contribution shall be paid, from time to time, into any scheme under the National Provident Fund Act 1950 containing provision for employer subsidy or into any other employer subsidised scheme approved by the Minister of Finance for the purposes of this section.”
This Act is administered in the Department of Trade and Industry