(1) A covered risk
benefits Member may opt at any time to cease to be a covered risk benefits
Member.
(2) An option under
subregulation (1) is to be exercised by notice in writing or by
telephone, received by the Board.
(3) When a notice
under subregulation (2) is received by the Board, the Member exercising
the option ceases to be a covered risk benefits Member.
(4) The Board may
determine that a covered risk benefits Member who, as a result of options
exercised by the Member under regulation 70B(3), is not eligible for any
supplementary risk benefit ceases to be a covered risk benefits Member.
[Regulation 69J inserted: Gazette
30 Jun 2010 p. 3136; amended: Gazette 8 Nov 2019
p. 4004.]