18AUSCOAL Superannuation Fund (the Amalgamated Fund)

#### 18 AUSCOAL Superannuation Fund (the Amalgamated Fund) 18 AUSCOAL Superannuation Fund (the Amalgamated Fund) > > (1) On the commencement of Schedule 2 to the [Coal and Oil Shale Mine Workers (Superannuation) Further Amendment Act 1994](/view/pdf/asmade/act-1994-85)— > > > > > (a) the COSAF Fund is amalgamated with the Coal and Oil Shale Mine Workers Superannuation Fund (as established under this section as in force before that commencement), and > > > > > (b) the fund so established is continued with the name COALSUPER Retirement Income Fund (“the Amalgamated Fund”). > > > (2) The Amalgamated Fund is to consist of— > > > > > (a) all money that, immediately before the commencement of Schedule 2 to the [Coal and Oil Shale Mine Workers (Superannuation) Further Amendment Act 1994](/view/pdf/asmade/act-1994-85), was credited to the Coal and Oil Shale Mine Workers Superannuation Fund and the COSAF Fund, and > > > > > (b) money that is required or authorised to be paid to the Amalgamated Fund by or under this or any other Act or by the COALSUPER Trust Deed. > > > > Note. > > > > The Amalgamated Fund has been renamed the AUSCOAL Superannuation Fund by amendment of the Trust Deed and Rules. > > > (3) The following reserves and accounts are to be established in the Amalgamated Fund— > > > > > (a) a reserve in respect of Part 2 of the Fund, comprising— > > > > > > > (i) the mine workers’ special accounts, and > > > > > > > (ii) the mine workers’ transferred benefits account, and > > > > > > > (iii) the mine workers’ special salary sacrifice account, > > > > > (b) a reserve in respect of Part 3 of the Fund, including (but not limited to)— > > > > > > > (i) the pension account, and > > > > > > > (ii) the dormant members’ account, > > > > > (c) such other accounts and reserves as may be established by the Corporate Trustee for the efficient management of the Fund. > > **s 18:** Am 1947 No 39, sec 2 (1) (c). Subst 1951 No 52, sec 5 (1) (b). Am 1957 No 54, sec 5 (1) (b); 1971 No 17, sec 7 (1) (a); 1978 No 28, Sch 1 (27); 1983 No 150, Schs 1 (2), 2 (6); 1992 No 81, Sch 1 (2). Subst 1994 No 85, Sch 2 (19). Am 1994 No 85, Sch 3 (23); 2000 No 17, Sch 1 \[6\]; 2008 No 35, Sch 1 \[12\].