Western Australian Consolidated Acts

STATE SUPERANNUATION ACT 2000

TABLE OF PROVISIONS

           Long Title

   PART 1 -- Preliminary  

   1.      Short title  
   2.      Commencement  
   3.      Interpretation  
   4.      Act binds the Crown  

   PART 3 -- Schemes administered by the Board  

           Division 1 -- Preliminary  

   4E.     Terms used in this Part and  

           Division 2 -- Government Employees Superannuation Board  

   5.      Government Employees Superannuation Board  
   6.      Functions of the Board  
   7.      Powers of the Board  
   7A.     Formation or acquisition of subsidiary  
   7B.     Control of subsidiary  
   8.      Composition of the Board  
   9.      Protection from liability  
   10.     Meetings, procedures and common seal  
   11.     Staff  
   12.     Delegation  
   13.     Review of Board decisions  

           Division 3 -- Government Employees Superannuation Fund  

   14.     The Fund  
   15.     Contents of the Fund  
   16.     Accounting records  
   17.     Actuarial investigation  
   18.     Power to invest  
   19.     Investment strategy  
   20.     Limitation on in-house assets  
   21.     Loans to Members prohibited  
   22.     Earnings derived from investment  
   23.     Investment manager  
   24.     Borrowing  
   25.     Interest accrues on money owing to Fund  
   26.     Recovery of money owing to Fund  
   27.     Unclaimed Money Act 1990 does not apply to unclaimed benefits  

           Division 4 -- Superannuation schemes  

   28.     Superannuation schemes  
   29.     Continuation of superannuation schemes  
   30.     Other public sector superannuation schemes  

           Division 5 -- Government guarantees and appropriation of the Consolidated Account  

   31.     Guarantee of benefits and Board’s obligations  
   32.     Appropriation to meet contribution and funding obligations  

           Division 6 -- Miscellaneous  

   33.     Treasurer’s approvals and guidelines  
   33A.    Duty to observe policy instruments  
   33B.    Strategic development plan and statement of corporate intent  
   34.     Directions to Employers as to practice and procedure  
   35.     Minister may give directions to the Board  
   36.     Minister to have access to information  
   37.     Minister to consult with Treasurer  
   38.     Regulations  
   39.     Repeals  
   40.     Inconsistent written laws  

   PART 4 -- GESB Superannuation  

           Division 1 -- Preliminary  

   41.     Purpose of this Part  
   42.     Terms used in this Part  

           Division 2 -- Formation of companies and superannuation fund  

   43.     Formation of MutualCo  
   44.     Formation of TrustCo  
   45.     Formation of GESB Superannuation  
   46.     Licences, approvals etc. to be obtained  
   47.     Service agreements  

           Division 3 -- Continuing provisions relating to MutualCo and TrustCo  

   48.     Constitutions of MutualCo and TrustCo to include certain provisions  
   49.     MutualCo and TrustCo not agents of the State  
   50.     Use of names  
   51.     Non-compliance with veto provisions  
   51A.    Notice of exercise of veto to be tabled  
   52.     Review of special membership  
   53.     Information to be provided in relation to review  
   54.     Expiry of certain sections when special membership ceases  

           Division 4 -- Transfer  

              Subdivision 1 -- Preliminary  

   55.     Terms used in this Division  

              Subdivision 2 -- Transfer of statutory schemes  

   56.     Treasurer to fix transfer time  
   57.     Treasurer to make transfer order  
   58.     Transfer of assets, liabilities etc.  
   59.     Transfer of members  
   60.     Effect on rights, remedies etc.  

              Subdivision 3 -- General provisions relating to transfer  

   61.     Notification and registration of assignment  
   62.     Completion of necessary transactions  
   63.     Arrangements for custody and use of records  
   64.     Stamp duty and other taxes  

           Division 5 -- Transfer of staff  

   65.     Terms used in this Division  
   66.     Transfer of staff to MutualCo  
   67.     Election as to employment  
   68.     Transition payment for staff not electing to return  
   69.     Arrangements for return to public sector  
   70.     Employment in public sector  

           Division 6 -- General  

   71.     Treasurer may give directions  
   72.     Power to remedy insufficiency  
   73.     General powers of Treasurer and Board  
   74.     Use of Board’s staff and facilities  
   75.     No fees payable by members transferred to GESB Superannuation  

   PART 4A -- West State scheme  

           Division 1 -- Preliminary  

   75A.    Purpose of this Part  
   75B.    Terms used in this Part  

           Division 2 -- Responsible entity and governing rules  

   75C.    Responsible entity  
   75D.    Responsible entity and directors to be indemnified  
   75E.    Governing rules  
   75F.    Content of governing rules  
   75G.     Governing rules to contain certain provisions when made  
   75GA.   Notice of refusal of approval to be tabled  

           Division 3 -- Creation of sub-funds  

   75H.    Terms used in this Division  
   75I.    Licences, approvals etc. to be obtained  
   75J.    Service agreement  
   75K.    Treasurer to fix separation time  
   75L.    Treasurer to make separation order  
   75M.    Allocation of assets to sub-funds  
   75N.    Transfer of other assets, liabilities etc.  
   75O.    West State members to become members of MutualCo  
   75P.    Effect on rights, remedies etc.  
   75Q.    Treasurer may give indemnity or guarantee  
   75R.    Notification and registration of assignment  
   75S.    Completion of necessary transactions  
   75T.    Arrangements for custody and use of records  
   75U.    Stamp duty and other taxes  

           Division 4 -- General  

   75V.    Treasurer may give directions  
   75W.    Power to remedy insufficiency  
   75X.    General powers of Treasurer and Board  
   75Y.    No fees payable by West State members  

   PART 5 -- General  

   77.     Supplementary provision about Ministerial directions  
   78.     Supplementary provision about laying documents before Parliament  
   79.     Regulations  
           SCHEDULE 1 -- Government Employees Superannuation Board  
           SCHEDULE 2 -- Meetings and procedures  
           SCHEDULE 3 -- Provisions to be included in constitution of subsidiary  
           Compilation table