Western Australian Numbered Acts Western Australian Numbered Acts After section 40
insert:
Part 7 — Savings and transitional provisions
(1) If, immediately
before the day on which the State Superannuation Amendment Act 2024
section 15(1) comes into operation, superannuation contributions were
being made by an Employer in relation to an employee to a superannuation fund
or scheme in accordance with the approval of the Treasurer under
section 30(2) —
(a) the
employee continues to be an exempt employee, for the purposes of Part 2A,
in relation to that Employer; and
(b) the
fund or scheme to which the contributions were being made continues to be the
default fund in relation to that exempt employee for the purposes of
Part 2A.
(2)
Subsection (1) ceases to apply if the Treasurer revokes approval of the
fund as the default fund for the employee.
42. Maximum period of service for directors
(1) A term of office
of a chairperson of the Board or an Employer director that commenced before
the day on which the State Superannuation Amendment Act 2024
section 21(2) comes into operation does not count towards the maximum
period of service of the chairperson or Employer director.
(2) A term of office
of an elected director that commenced before the day on which the State
Superannuation Amendment Act 2024 section 22 comes into operation
does not count towards the maximum period of service of the elected director.
43. Changes to regulation-making power
The amendment of
section 38 by the State Superannuation Amendment Act 2024
section 18 does not affect the validity of any regulation in effect
immediately before section 18 comes into operation.