Western Australian Current Regulations

STATE SUPERANNUATION REGULATIONS 2001 - REG 69E

69E .         Board to invest in accord with Member’s plan

        (1)         For each West State Super Member who selects a readymade investment plan the Board must, as far as is practicable —

            (a)         invest the Member’s assets in accordance with the asset allocation determined under regulation 69B for that investment plan; and

            (b)         ensure that the investment of the Member’s assets remains in accordance with that asset allocation until the Member selects a different investment plan.

        (2)         For a West State Super Member who selects a personalised investment plan the Board must invest —

            (a)         the Member’s assets as at the time the Board gives effect to the selection ( selection day ); and

            (b)         contributions made, and benefits transferred, to the Fund by or in respect of the Member after the selection day,

                in accordance with the asset allocation selected by the Member but, unless the Board and the Member agree otherwise, the Board is not required to ensure that the investment of the Member’s assets remains in accordance with that asset allocation.

        (3)         In this regulation —

        Member’s assets means the assets of the Fund that represent the west state account of a West State Super Member.

        [Regulation 69E inserted: Gazette 29 Jun 2001 p. 3088-9; amended: Gazette 28 Jun 2002 p. 3013 and 3022; 13 Apr 2007 p. 1589-90 and 1623‑4; 10 Jan 2017 p. 150.]