Western Australian Consolidated Acts (1) Unless she makes
an application under subsection (5) or becomes a member of the Gold State
Super Scheme under the State Superannuation Act 2000 a female employee
who is a subscriber to the Provident Account under this section at the
commencement of the 1987 Act shall continue to contribute to the Provident
Account while she continues to be an employee.
(2) A subscriber is
not entitled, so long as she continues to contribute to the Provident
Account —
(a) to
withdraw any moneys contributed to the Provident Account after
1 July 1973; or
(b) to
contribute to the Provident Account at a rate exceeding 10 cents for each
complete amount of $2 of her gross fortnightly salary.
[(3), (4) deleted]
(5) A subscriber to
the Provident Account may, at any time, by making application to the Board,
withdraw from that Account the whole of the moneys standing to her credit in
that Account together with compound interest thereon at the rate per centum
per annum fixed by the Board from time to time.
(6) A subscriber who
makes an application under subsection (5) shall cease to make
contributions to the Provident Account.
(7) Where a subscriber
makes an election under section 32(1)(b) —
(a) to
withdraw any moneys contributed to the Provident Account after
1 July 1973; or
(b) if
she elects to contribute to the Superannuation Fund at the rate of
contribution prescribed for her age at the date of commencing to subscribe to
the Provident Account, and payable from that date, there shall be paid to her
the amount, if any, which represents the surplus remaining after there is
deducted from the moneys standing to her credit in the Provident Account the
amount necessary to meet arrears of contributions.
[Section 83B inserted by No. 65 of 1947
s.23; amended by No. 36 of 1955 s.12; No. 50 of 1961 s.9;
No. 43 of 1963 s.10; No. 106 of 1965 s.17; No. 16 of 1973 s.4;
No. 57 of 1986 s.8; No. 17 of 1987 s.18; amended in Gazette 16
February 2001 p.1024.]
[Heading inserted by No. 50 of 1961 s.10.]