(1) A West State Super
Member who has a transferred benefit may request the Board to —
(a) pay
the benefit and earnings to the Member; or
(b)
transfer the benefit and earnings to another scheme or another superannuation
fund.
(2) The Board must
comply with a request under subregulation (1)(a) unless the Board is
satisfied that, if the West State Super Scheme were a regulated superannuation
fund, the Board would be prevented by the SIS Regulations from paying the
benefit as requested.
(3) The Board must
comply with a request under subregulation (1)(b).
(4) In this
regulation —
earnings , in relation to a transferred benefit,
means so much of the earnings that have been credited to the Member’s
west state account since the benefit was transferred as are attributable to
that benefit;
transferred benefit means a benefit that has been
transferred to the West State Super Scheme under regulation 65.
[Regulation 79AA inserted: Gazette
8 Jul 2008 p. 3229; amended: Gazette 10 Jan 2017
p. 150.]