Widows and Orphans Pension.
[CAP. 94
credited to
6. All contributions and other revenues receivable from Contributions officers under the provisions of this Ordinance shall be carried to the credit of the general revenue.
[5]
revenue.
8 of 1939, s.5.
and meetings
of directors.
7. (1) It shall be lawful for the Governor to appoint any number of officers not exceeding five and not less than three as directors, of whom the Financial Secretary shall be one, for the purpose of carrying out the provisions of this Ordinance, and to cancel the appointment of any such person.
(2) In the event of the death or absence from the Colony of a director, or in the event of the cancellation of the appointment of any director, the Governor may appoint another officer to be a director in his place.
(3) Appointments of directors and cancellations thereof shall take effect from the notification thereof in the Gazette.
(4) At every meeting of the directors the Financial Secretary, and in his absence the senior officer present, shall preside. Every question shall be decided by the vote of the majority present at the meeting; the chairman shall have a casting vote in addition to his vote as director. There shall be no meeting at which there shall not be at least three directors present and voting.
[6]
from salaries
8. (1) Subject to the provisions of section 30, a monthly abatement of four per cent shall be made from the salary or pension of every officer, and such abatements shall be credited to the general revenue: Provided that in the case of an officer holding or having held a post the salary of which is on a sterling basis, the abatement shall be made in dollars at four per cent of such salary or pension converted into dollars at the average demand rate of exchange from the 15th day of the preceding month to the 15th day of the month of payment. Such contributions shall continue to be payable on the full salary whenever an officer is on leave of absence with half salary or without salary,
In the case of an officer holding a post the salary of which is on a dollar basis, the abatement shall be made in dollars at four per cent of his nominal salary.
(2) Contributions made by officers holding or having held posts, the salary of which is on a sterling basis, shall for the purpose of calculating pensions be deemed to be fixed
45 -
Widows and Orphans Pension.
[CAP. 94
credited to
6. All contributions and other revenues receivable from Contributions officers under the provisions of this Ordinance shall be carried general to the credit of the general revenue.
[5]
revenue.
8 of 1939, s.5.
and meetings
of directors.
7. (1) It shall be lawful for the Governor to appoint Appointment. any number of officers not exceeding five and not less than three as directors, of whom the Financial Secretary shall be one, for the purpose of carrying out the provisions of this Ordinance, and to cancel the appointment of any such person.
(2) In the event of the death or absence from the Colony of a director, or in the event of the cancellation of the appointment of any director, the Governor may appoint another officer to be a director in his place.
(3) Appointments of directors and cancellations thereof shall take effect from the notification thereof in the Gazette.
(4) At every meeting of the directors the Financial Secretary, and in his absence the senior officer present, shall preside. Every question shall be decided by the vote of the majority present at the meeting; the chairman shall have a casting vote in addition to his vote as director. There shall be no meeting at which there shall not be at least three directors present and voting.
[6]
from salaries
8. (1) Subject to the provisions of section 30, a Abatements monthly abatement of four per cent shall be made from the and pensions. salary or pension of every officer, and such abatements shall be credited to the general revenue: Provided that in the case of an officer holding or having held a post the salary of which is on a sterling basis, the abatement shall be made in dollars at four per cent of such salary or pension converted into dollars at the average demand rate of exchange from the 15th day of the preceding month to the 15th day of the month of payment. Such contributions shall continue to be payable on the full salary whenever an officer is on leave of absence with half salary or without salary,
In the case of an officer holding a post the salary of which is on a dollar basis, the abatement shall be made in dollars at four per cent of his nominal salary.
(2) Contributions made by officers holding or having held posts, the salary of which is on a sterling basis, shall for the purpose of calculating pensions be deemed to be fixed
45 -
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