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PARLIAMENTARY RETIRING ALLOWANCES.

No. 20 of 1959.

An Act relating to Parliamentary Retiring Allowances.

[Assented to 24th April, 1959.]

BE it enacted by the Queen's Most Excellent Majesty, the Senate, and the House of Representatives of the Commonwealth of Australia, as follows:—

Short title and citation.
1.—(1.) This Act may be cited as the Parliamentary Retiring Allowances Act 1959.
(2.) The Parliamentary Retiring Allowances Act 1948-1955 is in this Act referred to as the Principal Act.
(3.) The Principal Act, as amended by this Act, may be cited as the Parliamentary Retiring Allowances Act 1948-1959.

Commencement.
2. This Act shall be deemed to have come into operation on the first day of March, One thousand nine hundred and fifty-nine.

Contributions by members.
3.—(1.) Section thirteen of the Principal Act is amended by omitting from sub-section (1.) the words "Two hundred and thirty-four pounds" and inserting in their stead the words "Two hundred and sixty pounds".
(2.) Notwithstanding anything contained in sub-section (2.) of section thirteen of the Principal Act, as amended by this Act, contributions at the rate fixed by that section are payable as from the date of commencement of this Act.

Contributions by Commonwealth.
4. Section fourteen of the Principal Act is amended by adding at the end thereof the following sub-section:—
"(2.) In addition to the amounts referred to in the last preceding sub-section, the Commonwealth shall pay into the Fund such further amounts as the Treasurer determines are, by reason of the provisions of the Parliamentary Retiring Allowances Act 1959, necessary in order to maintain the solvency of the Fund.".

The Commonwealth supplement.
5. Section sixteen of the Principal Act is amended—
       (a) by omitting from sub-section (2.) the words "is a member at the date of commencement of this Act" and inserting in their stead the words "was a member at the date of commencement of the Parliamentary Retiring Allowances Act 1948"; and

       (b) by omitting from sub-section (2.) the words "this Act" (second and third occurring) and inserting in their stead the words "that Act".

Meaning of voluntary retirement.
6.—(1.) Section seventeen of the Principal Act is amended by omitting from sub-section (2.) the words "seventy years" and inserting in their stead the words "sixty years".

(2.) The amendment made by the last preceding sub-section does not apply in relation to a person who ceased to be entitled to a parliamentary allowance before the commencement of this Act.

7. Section eighteen of the Principal Act is repealed and the following section inserted in its stead:—

Benefits to members.
"18.—(1.) Subject to this Act, a member who ceases to be entitled to a parliamentary allowance shall be entitled to benefits from the Fund in accordance