Electricity Supply Board (Superannuation) Act, 1942

Preparation and confirmation of amending schemes.

6.—(1) It shall be lawful for the Board whenever they think proper, to prepare a scheme (in this section referred to as an amending superannuation scheme) amending (whether by addition, omission, or variation) a superannuation scheme previously confirmed by the Minister or amending (whether as aforesaid) or revoking an amending superannuation scheme for the time being in force.

(2) The provisions of this Act requiring the Board, before submitting a scheme to the Minister, to make a copy of such scheme available to employees, to give notice of such availability, to receive and consider representations, and to make alterations in such scheme shall apply and have effect in relation to every amending superannuation scheme.

(3) Every amending superannuation scheme prepared by the Board under this section shall be submitted by the Board to the Minister, and the Minister shall have the like powers and duties in relation to the confirmation of such amending superannuation scheme as he has under this Act in relation to the confirmation of a scheme prepared and submitted by the Board under the foregoing provisions of this Act.

(4) No amending superannuation scheme shall operate so to amend a superannuation scheme as to cause such superannuation scheme to contravene in any manner the provisions of this Act in relation to the matters to be provided for by or the provisions to be contained in such superannuation scheme.

(5) When an amending superannuation scheme has been confirmed by the Minister under this section, such scheme shall, as from the date of the order of the Minister confirming it, have the force of law in the form in which it was so confirmed, and the superannuation scheme to which such amending superannuation scheme relates shall have effect subject to the provisions of such amending superannuation scheme as so confirmed.