Territory of Christmas Island
Phosphate Mining Corporation of Christmas Island Provident Fund Ordinance 1985
No. 10 of 1985
I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Ordinance under the Christmas Island Act 1958.
Dated 28 November, 1985.
Governor-General
By His Excellency’s Command,
G. SCHOLES
Phosphate Mining Corporation of Christmas Island Provident Fund Ordinance 1985
made under the
An Ordinance to establish the Phosphate Mining Corporation of Christmas Island Provident Fund, and for related purposes
Contents
Page
1 Short title 2
2 Interpretation 2
3 Provident fund 2
4 Deposit of documents 3
5 Inspection of documents 3
This Ordinance may be cited as the Phosphate Mining Corporation of Christmas Island Provident Fund Ordinance 1985.1
In this Ordinance, unless the contrary intention appears:
Corporation means the Phosphate Mining Corporation of Christmas Island established by section 4 of the Phosphate Mining Corporation of Christmas Island Ordinance 1985.
employee means an officer or employee of the Corporation.
fund means the fund established under section 3.
(1) There shall be a fund to be known as the Phosphate Mining Corporation of Christmas Island Provident Fund.
(2) The Corporation:
(a) shall arrange for trustrees to hold, manage and apply the assets of the fund; and
(b) may make arrangements from time to time, by instrument in writing, with the trustees for or in relation to the holding, management and application of the assets of the fund.
(3) Without limiting the generality of paragraph (2) (b), an arrangement referred to in that paragraph may be made for or in relation to:
(a) the class or classes of employees eligible to become members of the fund;
(b) the payment of moneys into the fund;
(c) the rate, if any, at which a member, a class of members or the Corporation may contribute moneys to the fund;
(d) the deduction of contributions to the fund from the salaries of members;
(e) the powers and duties of the trustees;
(f) the payment of benefits from the fund; and
(g) the investment of moneys standing to the credit of the fund that are not required for the payment of benefits.
The Corporation shall deposit a copy of each instrument by which it makes an arrangement under paragraph 3 (2) (b):
(a) with the Administrator; and
(b) at the head office of the Corporation in the Territory,
as soon as practicable after making the arrangement.
An employee, a former employee or a dependant of an employee or of a former employee may:
(a) inspect a copy of an instrument deposited at the head office of the Corporation in the Territory under paragraph 4 (b); and
(b) require the Corporation to supply him or her, at his or her own expense, with a copy of such an instrument or part of such an instrument.
Note
1. Notified in the Commonwealth of Australia Gazette on 5 December 1985.