Western Australian Consolidated Regulations

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COAL INDUSTRY SUPERANNUATION REGULATIONS 1990 - REG 3

3 .         Terms used in these regulations

        (1)         In these regulations, unless the contrary intention appears — 

        accrued benefit , in relation to a member, means the amount equal to the benchmark amount multiplied by —

            (a)         13% of the period of the member’s category A membership while in service prior to 1 July 1988; plus

            (b)         12% of the period of the member’s category A membership while in service on or after 1 July 1988;

        accumulation account means the account kept for a member under regulation 27A;

        benchmark amount has the meaning given in regulation 7;

        category A member means a person who is a member of category A under regulation 9A;

        category B member means a person who is a member of category B under regulation 9A;

        category C member means a person who is a member of category C under regulation 9A;

        category D member means a person who is a member of category D under regulation 9A;

        dependant has the meaning given in the SIS Act section 10(1);

        discount factor means the discount factor determined from time to time by the Board on the advice of the actuary;

        former Act means the Coal Mine Workers (Pensions) Act 1943 ;

        member means a person who has become a member under regulation 10, 11, 11A, 11AA or 42(2)(a) and who has not ceased to be a member under regulation 11B;

        member’s multiple , in relation to a member who has retained a benefit, means the multiple recorded under regulation 22(3) in respect of the member;

        partner means a spouse as defined in the SIS Act section 10(1);

        previous fund means the Coal Mine Workers’ Pensions Fund established under the former Act;

        salary day means — 

            (a)         in relation to an employer, the day on which salary becomes payable by the employer to members who are in service with the employer; and

            (b)         in relation to a member, the day on which the member’s salary becomes payable;

        SIS Regulations means the Superannuation Industry (Supervision) Regulations 1994 of the Commonwealth;

        splittable contribution has the same meaning as it has in Division 6.7 of the SIS Regulations.

        (2)         Regulations 4 to 9 shall have effect for the purposes of the application and interpretation of these regulations.

        [Regulation 3 amended in Gazette 14 May 1996 p. 2025-6; 8 Sep 1998 p. 4908; 30 Apr 2002 p. 2185-6; 23 May 2003 p. 1823; 11 Jul 2006 p. 2535-6; 21 Aug 2009 p. 3266.]



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