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Section 11: Privilege of Board

Sugar Industry Pension Fund Act

consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.

11. Privilege of Board (1) The amount payable by an employer into the Fund under section 10 shall be secured by a privilege ranking concurrently with the privilege for the remuneration of whatever nature due to workers and apprentices (salariés et apprentis) established by article 2148 alinéa 6 of the Code Civil Mauricien and shall guarantee all sums due to the Board for the year expired and what may be due for the current year. (2) The privilege shall extend over all the property of the employer. (3) No inscription of the privilege at the Mortgage Office shall be required. [S. 11 amended by s. 53 (e) of Act 18 of 2016 w.e.f. 7 September 2016.]

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