Western Australian Current Acts

STATE SUPERANNUATION ACT 2000 - SECT 15

15 .         Fund, content and purposes of

        (1)         The Board is to credit to the Fund —

            (a)         contributions made under this Act; and

            (b)         amounts transferred to the Fund from other superannuation funds; and

            (c)         earnings derived from the investment of the Fund; and

            (d)         money borrowed by the Board; and

            (e)         other amounts lawfully received by the Board or credited to the Fund.

        (2)         The Board is to charge to the Fund —

            (a)         benefits paid under the schemes; and

            (aa)         amounts transferred from the Fund to other superannuation funds; and

            (b)         costs incurred by the Board in carrying out its functions; and

            (ba)         expenditure relating to the establishment of a subsidiary under section 7(2)(ca); and

            (c)         other amounts lawfully paid by the Board or charged to the Fund.

        [Section 15 amended: No. 18 of 2006 s. 10; No. 25 of 2007 s. 6(5) and 19(1); No. 35 of 2011 s. 15 and 52.]