Western Australian Consolidated Acts (1) The Board,
MutualCo and TrustCo are to take the necessary steps to ensure that, as soon
as is practicable —
(a) all
necessary licences, approvals, registrations, exemptions and other kinds of
authorisations have been issued, granted or obtained; and
(b) all
other requirements with which it is necessary to comply, have been complied
with.
(2) In
subsection (1) —
necessary means necessary, under a written law or
a law of the Commonwealth, to be done before the transfer time, in order to
enable GESB Superannuation —
(a) to
function as a regulated superannuation fund from the transfer time; or
(b) to
become a complying superannuation fund in relation to the year of income in
which the transfer time occurs.
[Section 46 inserted by No. 25 of 2007
s. 16.]