Document ID: chunk:federal_register_of_legislation:C2004A00074:section:4
Version: federal_register_of_legislation:C2004A00074
Segment Type: section
Provision Reference: s 4
Character Range: 4131–4851

4  Object of Act
  The object of this Act is to make provision for and in relation to the distribution out of the Fund, to or in respect of eligible contributors and eligible pensioners, of the amount of $70,015,000, being the amount by which the Fund was, according to the Report to the Board by the Actuary on his Investigation of the Fund as at 30 June 1972, more than sufficient to provide for the benefits that were a charge upon it at that time, and, for the purposes of this Act:
 (a) the amount available for distribution to or in respect of eligible contributors is the amount of $52,525,000; and
 (b) the amount available for distribution to or in respect of eligible pensioners is the amount of $17,490,000.