Western Australian Consolidated Acts[s. 36]
[Heading amended by No. 19 of 2010
s. 4.]
In this
Part —
former regulations means the regulations mentioned
in section 35(a);
previous superannuation fund means the Western
Australian Fire Brigades Board Superannuation Fund continued by the former
regulations.
2 . Transfer of assets and liabilities
All moneys standing to
the credit of, and all investments forming part of, the previous
superannuation fund immediately before the commencement of this Act shall, on
and after that commencement, stand to the credit of, or form part of the
Superannuation Fund for the purposes of this Act, and all liabilities of the
previous Superannuation fund immediately before that commencement, including
contingent liabilities, shall on and after that commencement, be liabilities
of the Superannuation Fund.
(1) Any policy of
insurance, agreement or instrument subsisting immediately before the
commencement of this Act to which the Fire Brigades Board is a party and which
relates to the administration of the former regulations shall, subject to this
Act, subsist and enure for the purposes of the administration of the
Superannuation Fund as if —
(a) the
Superannuation Board were substituted for the Fire Brigades Board as a party
to the policy, instrument or agreement; and
(b) any
reference in the policy, agreement or instrument to the Fire Brigades Board
were (unless the context otherwise requires) a reference to the Superannuation
Board.
(2) Any proceedings
pending immediately before the commencement of this Act which the Fire
Brigades Board is a party and which relates to the former regulations may be
continued after that commencement as if the Superannuation Board were a party
thereto in lieu of the Fire Brigades Board.
(3) Any question
arising as to whether or not a provision of this clause applies to any
particular policy, agreement, instrument or proceedings shall be determined by
the Minister and the decision of the Minister is final.
Any claim for benefits
under the former regulations that has not been finally dealt with immediately
before the commencement of this Act may be proceeded with and dealt with after
that commencement as if it were a claim for benefits from the Superannuation
Fund under this Act.
The Minister shall
appoint person to act as members of the Superannuation Board under
section 4(4)(b) until members of the Superannuation Board are elected
under clause 2(1) of Schedule 2.
Part II — Disablement Benefits Fund
In this
Part —
former regulations means the regulations mentioned
in section 35(b);
previous disablement benefits fund means the
Western Australian Fire Brigades Disablement Benefits Fund established by the
former regulations.
7 . Transfer of assets and liabilities
All moneys standing to
the credit of, and all investments forming part of, the previous disablement
benefits fund immediately before the commencement of this Act shall, on and
after that commencement, stand to the credit of, or form part of the
Disablement Benefits Fund for the purposes of this Act, and all liabilities of
the previous disablement benefits fund immediately before that commencement,
including contingent liabilities, shall on and after that commencement, be
liabilities of the Disablement Benefits Fund.
(1) Any policy of
insurance, agreement or instrument subsisting immediately before the
commencement of this Act to which the Fire Brigades Board is a party and which
relates to the administration of the former regulations shall, subject to this
Act, subsist and enure for the purposes of the administration of the
Disablement Benefits Funds as if —
(a) the
Disablement Benefits Board were substituted for the Fire Brigades Board as a
party to the policy, instrument or agreement; and
(b) any
reference in the policy, agreement or instrument to the Fire Brigades Board
were (unless the context otherwise requires) a reference to the Disablement
Benefits Board.
(2) Any proceedings
pending immediately before the commencement of this Act to which the Fire
Brigades Board is a party and which relates to the former regulations may be
continued after that commencement as if the Disablement Benefits Board were a
party thereto in lieu of the Fire Brigades Board.
(3) Any question
arising as to whether or not a provision of this clause applies to any
particular policy, agreement, instrument or proceedings shall be determined by
the Minister and the decision of the Minister is final.
Any claim for benefits
under the former regulations that has not been finally dealt with immediately
before the commencement of this Act may be proceeded with and dealt with after
commencement as if it were a claim for benefits from the Disablement Benefits
Fund under this Act.
The Minister shall
appoint persons to act as members of the Disablement Benefits Board under
section 22(4)(b) until members of the Disablement Benefits Board are
elected under clause 2(1) of Schedule 2.