Section 19: Management of Fund
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.
19. Management of Fund
(1) The control and management of the Fund shall, subject to this Act
and the Rules, be vested in a Board of 13 Directors to be known as the
Sugar Industry Pension Fund Board.
(2) The Fund may be administered by a service provider licensed under
this Act to provide pension scheme administration, advisory, actuarial or
related services.
(3) The Board shall appoint the service provider referred to in subsection (2) on such terms and conditions as it may determine.
(4) –
[S. 19 amended by s. 29 (a) of Act 14 of 2005 w.e.f. 21 April 2005; s. 53 (f) of
Act 18 of 2016 w.e.f. 7 September 2016.]