Section 46: Winding up by Court
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
46. Winding up by Court
(1) Subject to any other enactment, the Commission may make an application to the Court for the winding up of a private pension scheme where—
(a) it is satisfied that the scheme is not complying with this Act, the
FSC Rules or any other enactment; or
(b) it is in the interests of its beneficiaries or the public for such
winding up.
[Issue 5] P32A – 24
Revised Laws of Mauritius
(2) Where an application to the Court for a winding up is made by a person other than the Commission, a copy of the application shall, at the same
time, be served on the Commission who shall be entitled to be heard on the
application.
(3) The Commission shall be a party to any proceedings under any
enactment relating to the winding up of the activities of a private pension
scheme, and the liquidator in such a winding up shall provide the Commission with such information as the Commission may, from time to time,
require about the activities of the scheme.