Members of Parliament Retiring Allowances Act

Marginal note:Credits to Account

• 4 (1) There shall be credited to the Retiring Allowances Account

  • (a) the contributions paid under sections 9, 9.1, 11 and 11.1 on or after January 1, 1992 and contributions made under subsections 21(7) and 22(3) of the former Act that are paid on or after that date;

  • (b) the interest paid under sections 11 and 11.1; and

  • (c) the amounts referred to in section 5.

• Marginal note:Allowances paid out of C.R.F. and charged to Retiring Allowances Account

  (2) All allowances and other benefits payable under this Part and all supplementary benefits payable in respect of those allowances or benefits under Part IV shall be paid out of the Consolidated Revenue Fund and charged to the Retiring Allowances Account.