Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A GESB Super
Member who has a transferred benefit may request the Board to —
(a) pay
the benefit and earnings to the Member; or
(b)
transfer the benefit and earnings to another scheme or another
superannuation fund,
and the Board is to
comply with that request.
(2) A request under
subregulation (1)(a) may be made —
(a) in
relation to so much of the benefit and earnings as constitute an
unrestricted non-preserved benefit, at any time; or
(b) in
relation to so much of the benefit and earnings as constitute a
restricted non-preserved benefit, at any time after the Member has ceased to
be a worker; or
(c) in
relation to an eligible termination payment other than a benefit transferred
from a superannuation fund, at any time.
(3) A request under
subregulation (1)(b) may be made at any time.
[(4)-(6) repealed]
(7) In this
regulation —
“earnings” , in relation to a
transferred benefit, means so much of the earnings that have been credited to
the Member’s GESB Super account since the benefit was transferred as are
attributable to that benefit;
"transferred benefit" means a benefit or other
eligible termination payment that has been transferred to the GESB Super
Scheme under regulation 96.
[Regulation 122 inserted in Gazette
13 Apr 2007 p. 1658-9; amended in Gazette 1 Apr 2008
p. 1285.]