Western Australian Consolidated Acts Western Australian Consolidated Acts (1) A member of a
registered society, not being under the age of 16 years, may, by a
writing under his hand, delivered at or sent to the registered office of the
society during the lifetime of such member, or made in any book kept thereat,
nominate any person or persons other than an officer or servant of the society
(unless such officer or servant is the husband, wife, de facto partner,
parent, child, brother, sister, nephew, or niece of the nominator) to or among
whom his property in the society, whether in shares, loans, or deposits, or so
much thereof as is specified in such nomination, if the nomination does not
comprise the whole, shall be transferred at his decease, provided the amount
credited to him in the books of the society does not then exceed $100.
(2) A nomination so
made may be revoked or varied by any similar document under the hand of the
nominator, delivered sent or made as aforesaid, but shall not be revocable or
variable by the will of the nominator or any codicil thereto.
(3) The society shall
keep a book wherein the names of all persons so nominated, and of all
revocations or variations, if any, of such nominations shall be entered; and
the property comprised in any such nomination shall be payable or transferable
to the nominees, although the rules of the society declare the shares to be
generally not transferable.
[Section 18 amended by No. 113 of 1965
s. 8; No. 28 of 2003 s. 25.]