Section 9: Licensing of pension scheme

9. Licensing of pension scheme (1) A person who intends to operate a pension scheme in Mauritius shall make an application to the Commission, in such form and manner as may be specified in FSC Rules, for the pension scheme to be licensed. (2) Every application under subsection (1) shall be accompanied by— (a) the documents governing the formation of the scheme, including the constitution of the scheme, rules of the scheme, trust deeds, charter or Articles of a Foundation, memorandum and articles of association; (b) the names and particulars of— (i) the persons constituting the governing body of the scheme; (ii) the sponsoring employer, if applicable; (iii) the professional advisers of the scheme; and (iv) the pension scheme administrator; (c) such fee as may be specified in FSC Rules; and (d) such other information or document as may be specified in FSC Rules or as may be determined by the Commission. (3) The Commission may, where the requirements specified in this Act or the FSC rules are complied with, issue, on such terms and conditions as it may determine, a pension scheme licence to a pension scheme. Sub-Part C – Foreign Pension Scheme