Section 20: Administration of funds and assets of individual accounts
consolidated text (as at 2015, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
20. Administration of funds and assets of individual accounts
(1) Subject to subsection (2), the funds and assets of the individual
accounts shall be administered by SICOM.
(2) The Committee may entrust the administration of the funds and assets
of the individual accounts to such other authorised agent as may be
prescribed.
(3) A participant may opt for SICOM or an authorised agent referred to in
subsection (2) for the administration of the funds and assets of his individual
account.
[S. 20 inserted by s. 21 (j) of Act 26 of 2012 w.e.f. 22 December 2012.]