Western Australian Current Regulations Western Australian Current Regulations (1) The Board is to
establish one or more investment plans for retirement income Members with
asset allocations determined by the Board.
(2) One of the
investment plans established under subregulation (1) must provide for
investment in cash only.
(3) Subject to
subregulation (2), the Board may alter the asset allocation for a
readymade investment plan whenever the Board considers it appropriate to do
so.
(4) The Board may
establish an investment plan under which a Retirement Income Member who
selects that plan may select the Member’s own asset allocation subject
to any conditions determined by the Board.
(5) The Board must
notify all Retirement Income Members of —
(a) the
establishment of a new investment plan for Retirement Income Members
including, in the case of a readymade investment plan, the asset allocation
for that plan; and
(b) any
material change in the asset allocation of a readymade investment plan; and
(c) any
material change in the conditions applying to a personalised investment plan,
before, or as soon as
practicable after, the establishment or change occurs.
[Regulation 184 inserted: Gazette
19 Mar 2003 p. 825-6.]