General Government Liability Management Fund Act 2002
12Employer contributions to be made only in accordance with this Act
Start here
Get a plain-English read of 12
Turn the raw legal text into a practical explanation grounded in General Government Liability Management Fund Act 2002.
12 Employer contributions to be made only in accordance with this Act
12 Employer contributions to be made only in accordance with this Act
(1) Despite any provision in any Act or instrument, STC may not require the Crown to pay employer contributions on behalf of an agency unless there is insufficient money in an employer reserve within the STC Fund to pay the employer-financed component of a benefit or other amount payable from the reserve.
(2) Anything done or omitted to be done by STC in compliance with this section is not to be construed as a breach of the statutory obligations or fiduciary duties of STC and no action, liability, claim or demand lies against STC, or a member of the Board, officer or employee of STC, for anything done or omitted to be done in compliance with this section.
s 12: Am 2022 No 29, Sch 1.1[2].