Western Australian Consolidated Acts (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.]