South Australian Consolidated Acts South Australian Consolidated Acts20ABA—Co-contribution accounts
The Board must—
(a)
establish a co-contribution account in the name of a contributor in respect of
whom a co-contribution has been paid to the Board; and
(b)
credit the account with the amount of any co-contribution paid to the Board in
respect of the member; and
(c)
immediately on a co-contribution account being credited with the amount of a
co-contribution—transfer the amount to a co-contribution account
maintained by the Board in the name of the contributor in the Southern
State Superannuation Fund; and
(d)
advise the contributor in writing that—
(i)
the co-contribution has been transferred to the
Southern State Superannuation Fund; and
(ii)
the contributor is, by virtue of section 14 of the
Southern State Superannuation Act 1994 , a member of the Triple S scheme.