(1) A GESB Super
Member for whom splittable contributions have been made to the GESB Super
Scheme may apply to the Board to transfer some or all of those contributions
for the benefit of the Member’s partner, and subject to this regulation
the Board is to accept the application.
(2) The Member may
apply to transfer those contributions —
(a) to
the partner’s GESB Super account; or
(b) if
the Member’s partner is a member of another scheme or superannuation
fund that is able to accept the transfer, to that other scheme or fund.
[(3) deleted]
(4) The Board must not
accept an application under this regulation unless the Board is satisfied
that, if the GESB Super Scheme were a regulated superannuation fund, the Board
would be entitled under Division 6.7 of the SIS Regulations to accept the
application.
(5) If it accepts an
application under subregulation (1) the Board must transfer the
contributions to which the application relates within 90 days of
accepting the application.
[Regulation 98 inserted: Gazette
13 Apr 2007 p. 1642-3; amended: Gazette 6 Jun 2007
p. 2624; SL 2025/59 r. 21.]