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Local Government and Other Authorities (Superannuation) Act 1927
8Local Government Provident Fund
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8 Local Government Provident Fund
8 Local Government Provident Fund
(1) There shall be established a “Local Government Provident Fund” into which shall be paid the contributions and out of which shall be paid the gratuities provided for in this Part.
(2) Interest derived from the investment of the Provident Fund shall form part thereof.
(3) The income of the Provident Fund shall not be subject to taxation.
s 8: Am 1975 No 101, Sch 5 (6).