Section 3: Application of Act
consolidated text (as amended). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
3. Application of Act
(1) (a) This Act shall apply to all private pension schemes other than a
pension scheme specified in the Schedule.
(b) Sections 7 (2), 9, 10, 22, 28, 41 (1) and 45 of the Trusts Act
shall not apply to a trust under this Act.
(2) On the recommendation of the Commission, the Minister may, by
regulations, provide for any provision of this Act to apply to a private pension scheme with such modifications, adaptations and limitations and on
such terms and conditions as may be necessary in order to facilitate the
operation of that scheme.
(3) The Minister may, after consultation with the Commission, exempt,
by regulations, a private pension scheme from any provision of this Act and
provide for such requirements, conditions, restrictions or such other terms as
shall apply to that scheme.
[Issue 5] P32A – 6
Revised Laws of Mauritius