Document ID: chunk:federal_register_of_legislation:C1959A00102:section:548
Version: federal_register_of_legislation:C1959A00102
Segment Type: section
Provision Reference: s 548
Character Range: 307459–310021

548   10  5  473  1   5

(2.) The increase in the rate of a pension under the last preceding sub-section has effect as from the fortnightly payment of pensions that was made on the fifteenth day of October, One thousand nine hundred and fifty-nine.

Portion of surplus to be paid to Commonwealth.
77.—(1.) If the investigation as to the state and sufficiency of the Fund made under section eleven of the Principal Act at the expiration of the period of five years that ended on the thirtieth day of June, One thousand nine hundred and fifty-seven, discloses a surplus of assets over liabilities of the Fund and that a specified portion of that surplus is attributable to pensioners being married males or widows, the Treasurer may direct that there shall be paid to the Commonwealth from the Fund, in such instalments and at such times as the Treasurer directs, the whole of that portion of the surplus or such part of that portion as the Treasurer directs.
(2.) The Board shall comply with any direction of the Treasurer under the last preceding sub-section.

Re-numbering.
78.—(1.) A Part, Division of a Part or section of the Principal Act, as amended by the foregoing provisions of this Act, the number of which is specified in a column headed "Existing number "in the First Schedule to this Act is re-numbered as specified opposite to that number in the next succeeding column headed "New number "in that Schedule.
(2.) A reference in a law of the Commonwealth or of a Territory of the Commonwealth, or in an instrument or document, to a Part, Division of a Part or section of the Principal Act shall, if that Part, Division or section has been re-numbered in pursuance of this section, be read as a reference to that Part, Division or section as so re-numbered.

Consequential amendments.
79. The Principal Act, as amended by the foregoing provisions of this Act (other than the provisions of the last preceding section), is amended as set out in the Second Schedule to this Act.

THE SCHEDULES.

Section 78. FIRST SCHEDULE.
Renumbering.
Existing number.  New number.  Existing number.  New number.  Existing number.  New number.

Section           Section      Division          Division     Section           Section
  No.—              No.—         No. 5             No. 7        No.—              No.—
4b                5                                           51                68
4c                6                                           52                69
4d                7                                           53                70