Clause 13
Purposes of Fund
of Home Affairs Uniformed Services Superannuation Bill
BillNot in forceProvision 16 of 25
Clause 13
The moneys in the Fund shall only be withdrawn and applied to meet any one or more of the following purposes:
(a)
the payment of any pension, gratuity, allowance, compensation or other like benefit granted under the INVEST Plan;
(b)
all expenses incidental to or arising from the administration, investment and management of moneys in the Fund; and
(c)
such other expenses relating to the granting of any pension, gratuity, allowance, compensation or other like benefit under the INVEST Plan and expressly provided by written law to be met out of the Fund.