Western Australian Consolidated Acts Western Australian Consolidated Acts (1) Any employee
referred to in section 32(1)(b) who is ineligible to become a contributor
for units of pension under this Act by reason only of suffering from a
physical or mental defect or condition may, within 6 months after the
commencement of the 1987 Act, apply to become a contributor to the Provident
Account.
(1a) Subject to
subsections (3)(a) and (5) and to clause 10 of Schedule 4 to
the 1987 Act an employee who —
(a) was
a contributor to the Provident Account under this Division at the commencement
of the 1987 Act; or
(b)
applies under subsection (1) to become a contributor to the Provident
Account,
shall make
contributions to the Provident Account in accordance with this Division.
(2) Where, after a
person has become a contributor under this Division, he furnishes evidence to
the satisfaction of the Board that his mental and physical health are such as
to entitle or render him eligible to become a contributor under Part IV, the
Board may upon application by that person permit him to contribute to the Fund
under that Part.
(3) A person who is
permitted by the Board in pursuance of subsection (2) to contribute to
the Fund under Part IV —
(a)
shall not, as from the date of the decision of the Board, make any further
contributions under this Division to the Provident Account, and ceases to be
entitled to any benefit (not being a refund of contributions) that would
otherwise be payable from moneys standing to the credit of the Provident
Account;
(b) is
entitled to a refund of the contributions made under this Division to the
Provident Account, together with compound interest on those contributions at
the rate per centum per annum fixed by the Board from time to time; and
(c)
shall contribute to the Fund under Part IV as from the date of the decision of
the Board or, if that date is not a pay-day, the next succeeding pay-day.
(4) A contributor to
the Provident Account under this Division may, by making application to the
Board, withdraw from moneys standing to the credit of that Account an amount
equal to the amount of the contributions credited by that contributor to that
Account under this Division together with compound interest on those
contributions at the rate per centum per annum fixed by the Board from time to
time.
(5) An employee who
makes an application under subsection (4) shall cease to make
contributions to the Provident Account.
[Section 83C inserted by No. 50 of 1961
s.10; amended by No. 19 of 1962 s.3; No. 134 of 1976 s.20;
No. 57 of 1986 s.9; No. 17 of 1987 s.19; No. 49 of 1996 s.64.]