SECTION |
TITLE |
|
CHAPTER
I. ADMINISTRATION AND APPLICATION OF ACT AND INTERPRETATION OF TERMS |
1.
|
Definitions
|
1A.
|
Relationship
between Act and Financial Sector Regulation Act [...inserted
by Act 2017_009_290_20170822 Sch4] |
1B.
|
Regulatory
instruments [...inserted
by Act 2017_009_290_20170822 Sch4] |
2. |
Application of Act |
3. |
... [...repealed
by Act 2017_009_290_20170822 Sch4 - was entitled "Registrar and Deputy
Registrar of Pension Funds"] |
3A. |
... [...inserted by Act
1988_051_004_19880520] [...deleted by Act 1990_097_029_19900711] |
3B. |
... [...inserted by Act
1991_054_002] [...repealed by Act 2013_045_004_20140116] |
|
CHAPTER
II. REGISTRATION AND INCORPORATION |
4. |
Registration of pension funds |
4A. |
Registration of pension funds to
which State contributes financially [...inserted by Act
1991_119_002_19910710] |
4B. |
Effect of registration of pension
fund referred to in section 4A [...inserted by Act
1991_119_002_19910710] |
4C. |
Transfer to pension fund referred to
in section 4A of its assets held by another [...inserted by Act
1991_119_002_19910710] |
5. |
Effect of registration of pension
fund |
6. |
Allocation of assets and liabilities
between pension fund organization and other associated business |
|
CHAPTER
III. MANNER OF ADMINISTRATION AND POWERS OF REGISTERED FUNDS |
7. |
Registered office |
7A. |
Board of fund
[...inserted
by Act 1996_022_002_19960419] |
7B.. |
Exemptions [...inserted by Act
1996_022_002_19960419] |
7C. |
Objects of board [...inserted by Act
1996_022_002_19960419] |
7D. |
Duties of board [...inserted by Act
1996_022_002_19960419] |
7E. |
Application of certain
sections [...inserted
by Act 1996_022_002_19960419] |
7F. |
Liability of board member [...inserted by Act
2013_045_011_20140116] |
8. |
Principal officer and deputy
principal officer [...Title
amended by Act 2013_045_012_20140116 - was entitled "..."] |
9. |
Appointment of auditor |
9A. |
Appointment of a valuator [...inserted by Act
2013_045_014_20140116] |
9B. |
Protection of disclosures [...inserted by Act
2013_045_015_20140116] |
10. |
Business which may be carried on |
11. |
Rules [...Title amended by ...
- was entitled "Requirements for rules"] |
12. |
Amendment of rules |
13. |
Binding force of rules |
13A. |
Payment of contributions and certain
benefits to pension funds [...inserted by Act
1984_086_015_19840718] |
13B. |
Restrictions on administration of
pension funds [...inserted
by Act 1992_083_02019920701] |
14. |
Amalgamation and transfers |
14A. |
Minimum benefits [...inserted by Act
2001_039_003_20011205] |
14B. |
Determination of member's individual
account, minimum individual reserve nd minimum pension
increase [...inserted
by Act 2001_039_003_20011205] |
|
CHAPTER
IV. DOCUMENTS TO BE DEPOSITED WITH REGISTRAR |
15. |
Account |
15A. |
Rights to use of actuarial
surplus [...inserted
by Act 2001_039_004_20011205] |
15B. |
Apportionment of existing
surplus [...inserted
by Act 2001_039_004_20011205] |
15C. |
Apportionment of future
surplus [...inserted
by Act 2001_039_004_20011205] |
15D. |
Utilisation of surplus for benefit
of members [...inserted
by Act 2001_039_004_20011205] |
15E. |
Utilisation of surplus for benefit
of employer [...inserted
by Act 2001_039_004_20011205] |
15F. |
Existing employer reserve
accounts [...inserted
by Act 2001_039_004_20011205] |
15G. |
Right to share in surplus accounts
on exit [...inserted
by Act 2001_039_004_20011205] |
15H. |
Use of contents of any surplus
accounts to fund deficits [...inserted by Act
2001_039_004_20011205] |
15I. |
Application of surplus accounts on
liquidation of fund [...inserted by Act
2001_039_004_20011205] |
15J. |
Use of employer surplus to prevent
job losses [...inserted
by Act 2001_039_004_20011205] |
15K. |
Specialist tribunal [...inserted by Act
2001_039_004_20011205] |
16. |
Investigations by a valuator |
17. |
... [... repealed by Act
2013_045_030_20140116] |
18. |
Fund not in a sound financial
condition |
18A. |
Business rescue [...inserted by Act
2013_045_032_20140116] |
19. |
Investments |
20. |
Requirements in regard to documents
to be deposited with registrar |
21. |
Registrar may require additional
particulars in case of certain applications and returns |
22. |
Inspection of documents |
23. |
Effect of registrar's certificate on
documents |
|
CHAPTER
V. ENQUIRIES BY REGISTRAR, APPLICATIONS TO COURT, CANCELLATION OR
SUSPENSION OF REGISTRATION AND DISSOLUTION OF FUNDS |
24. |
Enquiries |
25. |
... [...repealed
by Act 2017_009_290_20170822 Sch4 - was entitled "Inspections and
on-site visits"] |
26. |
Registrar may intervene in
management of fund |
27. |
Cancellation or suspension of
registration |
28. |
Voluntary dissolution of fund |
28A. |
Remuneration of liquidator [...inserted by Act
1997_094_004_19971217] |
29. |
Winding-up by the court |
29A. |
Winding-up of unregistered pension
fund [...inserted
by Act 2013_045_040_20140116] |
30. |
Special provisions relating to
liquidation of funds |
|
CHAPTER
VA. CONSIDERATION AND ADJUDICATION OF COMPLAINTS |
30AA. |
Ombud scheme [...inserted by Act
2017_009_290_20170822 Sch4] |
30A. |
Submission and consideration of
complaints [...inserted
by Act 1996_022_003_19960419] |
30B. |
Establishment of Office of Pension
Funds Adjudicator [...inserted
by Act 1996_022_003_19960419] |
30C. |
Appointment of Adjudicator [...inserted by Act
1996_022_003_19960419] |
30D. |
Main object of Adjudicator [...inserted by Act
1996_022_003_19960419] |
30E. |
Disposal of complaints [...inserted by Act
1996_022_003_19960419] |
30F. |
Opportunity to comment [...inserted by Act
1996_022_003_19960419] |
30G. |
Parties to complaint [...inserted by Act
1996_022_003_19960419] |
30H. |
Jurisdiction and prescription [...inserted by Act
1996_022_003_19960419] |
30I. |
Time limit for lodging of complaints [...inserted by Act
1996_022_003_19960419] |
30J. |
Procedure for conducting
investigation [...inserted by Act
1996_022_003_19960419] |
30K. |
Legal representation [...inserted by Act
1996_022_003_19960419] |
30L. |
Record of proceedings [...inserted by Act
1996_022_003_19960419] |
30M. |
Statement by Adjudicator regarding
determination [...inserted by Act
1996_022_003_19960419] |
30N. |
Interest on amount awarded [...inserted by Act
1996_022_003_19960419] |
30O. |
Enforceability of determination [...inserted by Act
1996_022_003_19960419] |
30P. |
Access to court [...inserted by Act
1996_022_003_19960419] |
30Q. |
Powers of Adjudicator [...inserted by Act
1996_022_003_19960419] |
30R. |
Funds of Adjudicator [...inserted by Act
1996_022_003_19960419 |
30S. |
Remuneration and terms and
conditions of employment of Adjudicator and employees [...inserted by Act
1996_022_003_19960419] |
30T. |
Accountability [...inserted by Act
1996_022_003_19960419] |
30U. |
Report of Adjudicator [...inserted by Act
1996_022_003_19960419] |
30V. |
Offences and penalties [...inserted by Act
1996_022_003_19960419] |
30W. |
... [...inserted by Act
1996_022_003_19960419] [...repealed by Act
2008_022_012 - was entitled "..."] |
30X. |
Liquidation [...inserted by Act
1996_022_003_19960419] |
30Y. |
Adjudicator proceedings [...inserted by Act
1996_022_003_19960419] |
|
CHAPTER
VI. GENERAL AND MISCELLANEOUS |
31. |
Carrying on business of unregistered
pension fund organization and use of designation "pension fund" |
32. |
Registrar may require unregistered
funds to furnish information |
32A. |
Power of registrar in respect of
communications [...inserted by Act
1986_050_012_19860528] |
33. |
... [...repealed by Act
2017_009_290_20170822 Sch4 - was entitled "Registrar may extend certain
periods"] |
33A. |
... [...inserted by Act
2007_011_024_20070829] [...repealed by Act
2017_009_290_20170822 Sch4 - was entitled "Directives"] |
34. |
... [...repealed by Act
2017_009_290_20170822 Sch4 - was entitled "Annual report by registrar"] |
35. |
Right to obtain copies of or to
inspect certain documents |
36. |
Regulations |
37. |
Penalties [...Title amended by Act
2013_045_049_20140116 - was entitled "..."] |
37A. |
Pension benefits not reducible,
transferable to executable [...inserted by Act
1976_101_024_19760723] |
37B. |
Disposition of pension benefits upon
insolvency [...inserted
by Act 1976_101_024_19760723] |
37C. |
Disposition of pension benefits upon
death of member [...inserted
by Act 1976_101_024_19760723] |
37D. |
Fund may make certain deductions
from pension benefits [...inserted by Act
1977_094_014_19770701] |
38. |
Exemption from Act 57 of 1988 |
39. |
... [...repealed by Act
1998_052_073_19980923 - was entitled "..."] |
40. |
Act in certain respects, and certain
rules, binding on State |
40A. |
Delegation and assignment [...inserted by Act
2007_011_029_20070829] |
40B. |
Retrospectivity [...inserted by Act
2007_011_029_20070829] |
40C. |
Scrutiny of Regulations [...inserted by Act
2007_011_029_20070829] |
41. |
Short title and Commencement date |