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Amendment of sections 5 and 6 of Act of 1953.
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11.—(1) (a) The reference in subsection (1) of section 5 of the Act of 1953 to superannuation benefits on retirement to whole-time members of the Board shall be construed, and shall be deemed always to have been construed, as a reference to pensions, gratuities and other allowances on retirement or death to or in respect of whole-time members of the Board.
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(b) The reference in subsection (2) of the said section 5 to benefit shall be construed, and shall be deemed always to have been construed, as a reference to pensions, gratuities and other allowances on retirement or death to or in respect of persons in the permanent employment of the Board.
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(2) (a) The reference in subsection (1) of section 6 of the Act of 1953 to superannuation benefits on retirement to persons in the permanent employment of the Board shall be construed, and be deemed always to have been construed, as a reference to pensions, gratuities and other allowances on retirement or death to or in respect of persons in the permanent employment of the Board.
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(b) The reference in subsection (2) of the said section 6 to superannuation benefits shall be construed, and be deemed always to have been construed, as a reference to pensions, gratuities and other allowances on retirement or death to or in respect of persons in the permanent employment of the Board.
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(c) The reference in subsection (3) of the said section 6 to persons to whom superannuation benefits on retirement are payable shall be construed, and shall be deemed always to have been construed, as a reference to persons to or in respect of whom pensions, gratuities and other allowances on retirement or death are payable.
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(3) A scheme under section 5 or 6 of the Act of 1953 expressed to have retrospective effect shall have such effect in accordance with the scheme.
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(4) Section 6 (2) (b) of the Act of 1953 is hereby amended by the insertion of “at least” after “equal to” and the said paragraph as so amended is set out in the Table to this subsection.
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TABLE
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“(b) the payment of contributions to the fund by persons to whom the scheme applies, and the making by the Board of payments equal to at least the aggregate of such payments,”.
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