Transferred benefit, payment or transfer of
79AA Transferred benefit, payment or transfer of
A West State Super Member who has a transferred benefit may request the Board to —
pay the benefit and earnings to the Member; or
transfer the benefit and earnings to another scheme or another superannuation fund.
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.
The Board must comply with a request under subregulation (1)(b).
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.]
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