Western Australian Consolidated Acts

STATE SUPERANNUATION ACT 2000 - SECT 47

47 .         Service agreements

        (1)         The Board must, as soon as is practicable, prepare and submit to the Treasurer —

            (a)         a draft of an agreement to be entered into by MutualCo and TrustCo for the provision by MutualCo to TrustCo of services relating to the performance by TrustCo of its functions as trustee of GESB Superannuation; and

            (b)         a draft of an agreement to be entered into by MutualCo and the Board for the provision by MutualCo to the Board of services relating to the performance by the Board of its functions.

        (2)         The Treasurer may —

            (a)         approve a draft agreement submitted under subsection (1); or

            (b)         direct that it be amended and approve it in an amended form.

        (3)         As soon as is practicable after the Treasurer has approved a draft agreement MutualCo and TrustCo or the Board, as the case requires, are to enter into an agreement on the terms of the draft agreement approved by the Treasurer.

        [Section 47 inserted by No. 25 of 2007 s. 16.]

        [Heading inserted by No. 25 of 2007 s. 16.]