Western Australian Current Regulations

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STATE SUPERANNUATION REGULATIONS 2001 - REG 212

212 .         Investment plans for Members, Board to establish

        (1)         The Board is to establish one or more investment plans for GESB Super (Retirement Access) Members with asset allocations determined by the Board.

        (2)         The Board may alter the asset allocation for a readymade investment plan whenever the Board considers it appropriate to do so.

        (2A)         The Board must ensure that for each readymade investment plan established under regulation 106(1) there is a corresponding readymade investment plan established under this regulation with the same asset allocation.

        (3)         The Board may establish an investment plan under which a GESB Super (Retirement Access) Member who selects that plan may select the Member’s own asset allocation subject to any conditions determined by the Board.

        (4)         The Board must notify all GESB Super (Retirement Access) Members of —

            (a)         the establishment of a new investment plan for GESB Super (Retirement Access) 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 212 inserted: Gazette 28 Jun 2002 p. 3017; amended: Gazette 11 Apr 2008 p. 1377 and 1380.]



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