Western Australian Consolidated Acts

STATE SUPERANNUATION ACT 2000 - SECT 31

31 .         Guarantee of benefits and Board’s obligations

        (1)         The Crown —

            (a)         guarantees payment of every benefit payable under a scheme; and

            (b)         may guarantee the performance by the Board of any of its obligations under this Part on terms determined by the Treasurer.

        (2)         The payment of money under a guarantee under subsection (1) is to be charged to the Consolidated Account, and the Consolidated Account is appropriated accordingly.

        (3)         Any amount received or recovered in respect of any payment made under a guarantee is to be credited to the Consolidated Account.

        [Section 31 amended by No. 77 of 2006 s. 4; No. 25 of 2007 s. 6(5).]