Western Australian Consolidated Acts (1) If a GESB Super
(Retirement Access) Member dies while there is still an amount in the
Member’s retirement access account, the Board is to pay a benefit of an
amount equal to the balance of the account to the executor or administrator of
the Member’s estate.
(2) An amount paid
under subregulation (1) to the executor or administrator of a
Member’s estate —
(a)
forms part of the Member’s estate; but
(b) is
not an asset in the Member’s estate that is applicable in payment of the
Member’s debts and liabilities.
(3) If the
Board —
(a) has
been unable, after making reasonable enquires, to find an administrator or
executor of the Member’s estate; or
(b)
considers it desirable to do so in order to relieve or avoid hardship,
the Board may pay up
to $25 000 of the benefit —
(c) to
one or more of the Member’s dependants in proportions determined by the
Board; or
(d) if,
after making reasonable enquiries, the Board has been unable to find any
dependant of the Member, to one or more other individuals in proportions
determined by the Board.
(4) In this
regulation —
“dependant” has the same meaning as it
has in section 10 of the SIS Act.
[Regulation 219 inserted in Gazette
28 Jun 2002 p. 3020; amended in Gazette 13 Jun 2003
p. 2113; 1 Dec 2004 p. 5706; 11 Apr 2008
p. 1379 and 1380.]