Western Australian Consolidated Acts (1) A
West State Super Member who is entitled to —
(a)
payment of a benefit; or
(b) a
preserved WSS withdrawal benefit,
may request the Board
to transfer the benefit to another scheme or to another superannuation fund
and the Board is to comply with that request.
(2) If a request under
subregulation (1) relates to a preserved WSS withdrawal benefit, the
amount to be transferred is the amount of the benefit and earnings under
regulation 78, discounted to the extent that the Board, on the advice of
an actuary, considers appropriate.
(3) The Board may
transfer a West State Super Member’s benefit to an
eligible rollover fund if that fund is permitted by the SIS Act to accept the
benefit, whether or not the Member has requested the transfer.
[Regulation 79 amended in Gazette 29 Jun 2001
p. 3092; 28 Jun 2002 p. 3013; 26 May 2006
p. 1928; 13 Apr 2007 p. 1601 and 1629.]