STATUTORY RULES.
1962. No. 109.
REGULATIONS UNDER THE COAL INDUSTRY ACT 1946–1958.*
I, THE PRIME MINISTER of the Commonwealth of Australia, in agreement with the Premier of the State of New South Wales, hereby recommend the making of the following Regulations under the Coal Industry Act 1946–1958.
Dated this 
day of 
, 1962.
Prime Minister.
Administrator of the Government of
I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Coal Industry Act 1946–1958.
Dated this 
day of 
, 1962.
DALLAS BROOKS
Administrator
Governor-General
By His Excellency’s Command,
Minister of State for National Development.
Coal Industry (Finance) Regulations.
Citation.
1. These Regulations may be cited as the Coal Industry (Finance) Regulations.
Definition.
2. In these Regulations, “ the annual report ” means the annual report of the financial accounts of the Board required to be submitted in accordance with section twenty of the Coal Industry Act 1946–1958.
Annual Report.
3.—(1.) The annual report shall be in accordance with the form set out in the Schedule to these Regulations.
(2.) Where, in respect of any financial year, any item or heading set out in the form in the Schedule to these Regulations is, for any reason, inapplicable, the omission of that item or heading from the annual report submitted by the Board shall not be deemed to be a departure from that form.
Form of accounts of the Board.
4. The accounts of the Board shall be kept in such cash books, ledgers, journals, and other books of account and record as are customarily used in accordance with accepted accounting principles and practice and the accounts shall disclose the whole of the financial transactions of the Board in respect of each of the funds kept in the books of the Board.
* Notified in the Commonwealth Gazette on 13th December , 1962.
4365/62.—Price 8d. 12/19.10.1962.
THE SCHEDULE.
Regulation 3.
ANNUAL REPORT OF THE FINANCIAL ACCOUNTS OF THE JOINT COAL BOARD.
COAL INDUSTRY FUND.
BALANCE SHEET.
As at 30th June,
(To the nearest pound.)
Previous Year. | Liabilities. | Current Year. | Previous Year. | Assets. | | Current Year. |
£ | | £ | £ | | | £ |
| General Account— | | | General Account— | | |
| Accumulated Funds— | | | Fixed Assets— | | |
| Current Liabilities— | | | Current Assets— | | |
| Deferred Liabilities— | | | Trust Account Assets— | | |
| Trust Accounts— | | | | | |
| Administration Account— | | | Administration Account— | | |
| | | |
| As per contra............................ | | | Assets, as specified below— | £ | |
| | | | | | |
| | | |
| Research and Investigation Account— | | | Research and Investigation Account— | | |
| As per contra............................ | | | Assets, as specified below— | £ | |
| | | | |
The Schedule—continued.
COAL INDUSTRY FUND.
GENERAL ACCOUNT.
PROFIT AND LOSS APPROPRIATION ACCOUNT.
For the Year Ended 30th June,
(To the nearest pound.)
Previous Year. | | Current Year. | Previous Year. | | Current. Year. |
£ | | £ | £ | | £ |
| Balance brought forward at beginning of year.......... | | | Balance brought forward at beginning of year....... | |
| Loss transferred from Trading and Profit and Loss Account. | | | Profit transferred from Trading and Profit and Loss Account | |
| Allocations pursuant to section 25 of the Commonwealth Act and section 33 of the State Act to— | | | Transfers— | |
| (a) Welfare Fund........................... | | | | |
| (b) Workers’ Compensation Fund................ | | | | |
| Transfers— | | | | |
| Balance carried forward at end of year............... | | | Balance carried forward at end of year............ | |
| Total............. | | | Total.......... | |
The Schedule—continued.
COAL INDUSTRY FUND.
GENERAL ACCOUNT.
TRADING AND PROFIT AND LOSS ACCOUNT.
For the Year Ended 30th June,
(To the nearest pound.)
Previous Year. | | Current Year. | Previous Year. | | Current Year. |
£ | | £ | £ | | £ |
| Trading Expenditure— | | | Trading Income— | |
| Administration Expenditure— | | | Rents— | |
| Provisions— | | | Interest— | |
| Other Expenditure— | | | Other Income— | |
| Profit transferred to Profit and Loss Appropriation Account | | | Loss transferred to Profit and Loss Appropriation Account | |
| Total............ | | | Total........... | |
The Schedule—continued.
COAL INDUSTRY FUND.
ADMINISTRATION ACCOUNT.
Commonwealth and State Joint Contributions.
STATEMENT OF RECEIPTS AND PAYMENTS.
For the Year Ended 30th June,
(To the nearest pound.)
Previous Year. | Receipts. | Current Year. | Previous Year. | Payments. | Current Year. |
£ | | £ | £ | | £ |
| Contributions to this Account by— | | | Salaries— | |
| (1) Commonwealth Government............... | | | Administration........................ | |
| (2) New South Wales Government.............. | | | Finance............................. | |
| | | | Distribution and Statistics................. | |
| Transfers to Accounts and Funds for salaries and administrative costs— | | | Engineering.......................... | |
| | | | Transport and cleaning................... | |
| | | | Coal Industry Tribunal and other industrial..... | |
| | | | Typists, stenographers, telephonists.......... | |
| Other receipts— | | | Other— | |
| | | | Superannuation......................... | |
| | | | Travelling and transport expenses............. | |
| | | | Rent and other expenses in connexion with buildings | |
| | | | Printing, stationery and publications........... | |
| | | | Other general expenses................... | |
| | | | Witnesses’ allowances.................... | |
| | | | Purchase of assets— | |
| | | | Other Payments— | |
| Total receipts.............. | | | Total payments............ | |
| Balance brought forward at beginning of year........ | | | Balance carried forward at end of year......... | |
| Total................... | | | Total.................. | |
The Schedule—continued.
COAL INDUSTRY FUND.
RESEARCH AND INVESTIGATION ACCOUNT.
Commonwealth Contributions.
STATEMENT OF RECEIPTS AND PAYMENTS.
For the Year Ended 30th June,
(To the nearest pound.)
Previous Year. | Receipts. | Current Year. | Previous Year. | Payments. | Current Year. |
£ | | £ | £ | | £ |
| Contributions to this Account by Commonwealth Government | | | Investigation and research— | |
| | | | Purchase of assets— | |
| Other receipts— | | | Transfers from Administration Account— | |
| | | | Other payments— | |
| Total receipts.............. | | | Total payments.............. | |
| Balance brought forward at beginning of year........ | | | Balance carried forward at end of year............ | |
| Total................... | | | Total..................... | |
The Schedule—continued.
WELFARE FUND.
BALANCE SHEET AS AT 30th JUNE,
(To the nearest pound.)
Previous Year. | Liabilities. | Current Year. | Previous Year. | Assets. | Current Year. |
£ | | £ | £ | | £ |
| Accumulated Funds— | | | Investments— | |
| Reserves— | | | Current Assets— | |
| | | | Sundry Debtors......................... | |
| Sundry Creditors— | | | Cash on hand and at bank................... | |
| | | | Advance to Local Government Department....... | |
| Deferred Liabilities entered into with approval of Commonwealth Government and Government of New South Wales— | | | Deferred Assets— | |
| | | Contributions from Commonwealth Government and Government of New South Wales payable but not yet due— | |
| | | |
| Commitments for Community Amenities....... | | | |
| University Scholarships.................. | | | | |
| Subsidies to miners co-operative building societies. | | | | |
| Other Liabilities— | | | Other Assets— | |
| Total................ | | | Total.............. | |
The Schedule—continued.
WELFARE FUND.
STATEMENT OF INCOME AND EXPENDITURE.
For the Year Ended 30th June,
(To the nearest pound.)
Previous Year. | Expenditure. | Current Year. | Previous Year. | Income. | Current Year. |
£ | | £ | £ | | £ |
| Community amenities— | | | Contributions to this Fund by— | |
| | | | (1) Commonwealth Government............... | |
| Subsidies and continuing activities— | | | (2) New South Wales Government............. | |
| Education and training— | | | Allocations pursuant to section 25 of the Commonwealth Act and section 33 of the State Act, from— | |
| | | | (a) Workers’ Compensation Fund............. | |
| Transfer from Coal Industry Fund, Administration Account— | | | (b) Coal Industry Fund.................... | |
| | | | Other income— | |
| Other expenditure— | | | Surplus of Expenditure over Income carried to Accumulated Funds | |
| Provision for outstanding liabilities— | | | | |
| Surplus of Income over Expenditure carried to Accumulated Funds | | | | |
| Total..................... | | | Total..................... | |
The Schedule—continued.
WORKERS’ COMPENSATION FUND.
BALANCE SHEET.
As at 30th June,
(To the nearest pound.)
Previous Year. | Liabilities. | Current Year. | Previous Year. | Assets. | Current Year. |
£ | | £ | £ | | £ |
| Accumulated Funds— | | | Fixed Assets— | |
| Provisions— | | | Investments— | |
| Current liabilities— | | | Current Assets— | |
| Deferred liabilities— | | | | |
| Total................... | | | Total.................... | |
The Schedule—continued.
WORKERS’ COMPENSATION FUND.
PROFIT AND LOSS APPROPRIATION ACCOUNT.
For the Year Ended 30th June,
(To the nearest pound.)
Previous Year. | | Current Year. | Previous Year. | | Current Year. |
£ | | £ | £ | | £ |
| Balance brought forward at beginning of year....... | | | Balance brought forward at beginning of year...... | |
| Loss transferred from Revenue Account........... | | | Profit transferred from Revenue Account......... | |
| Allocations to Welfare Fund pursuant to section 25 of the Commonwealth Act and section 33 of the State Act— | | | | |
| | | | Transfers— | |
| Transfers— | | | | |
| Balance carried forward at end of year............ | | | Balance carried forward at end of year........... | |
| Total..................... | | | Total.................... | |
The Schedule—continued.
WORKERS’ COMPENSATION FUND.
REVENUE ACCOUNT.
For the Year Ended 30th June,
(To the nearest pound.)
Previous Year. | | Current Year. | Previous Year. | | Current Year. |
£ | | £ | £ | | £ |
| Claims paid and outstanding including medical and other expenses directly incurred in settling claims— | | | Premiums.............................. | |
| | | | Interest earned on Reserves and provisions— | |
| Provisions— | | | Dividends and Interest on Investments— | |
| Expenses of Management— | | | Less transfers— | |
| Other Expenses— | | | Other Income— | |
| Profit transferred to Profit and Loss Appropriation Account | | | Loss transferred to Profit and Loss Appropriation Account | |
| Total.................... | | | Total.................... | |
