Western Australian Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

STATE SUPERANNUATION REGULATIONS 2001 - SECT 214

214 .         Member to select investment plan

        (1)         A  GESB Super (Retirement Access) Member is to select an investment plan to be used in determining the Member’s earning rate and give notice of that selection to the Board.

        (1a)         If a Member selects a personalised investment plan the Member must also select the asset allocation to be applied to the Member’s assets and give notice of that selection to the Board.

        (2)         A Member may change his or her selection under subregulation (1) or (1a) at any time by giving notice to the Board.

        (2a)         As soon as practicable after receiving a notice under this regulation the Board must give effect to it by investing the Member’s assets in accordance with regulation 215.

        (3)         Until a GESB Super (Retirement Access) Member selects otherwise the Member is taken to have selected the plan that was the default plan at the time the person became a GESB Super (Retirement Access) Member.

        [Regulation 214 inserted in Gazette 28 Jun 2002 p. 3018; amended in Gazette 19 Mar 2003 p. 840-1; 13 Apr 2007 p. 1596; 11 Apr 2008 p. 1380.]



AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback