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Section 9A: Keeping of accounts

Sugar Industry Pension Fund Act

This section is inserted by Act No 18 of 2016, section 53.

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.

9A. Keeping of accounts The Board shall, in respect of every employer, keep or cause to be kept separate and in a manner that is separately identifiable – (a) the assets attributable to the employer; 294 Acts 2016 (b) the contributions received from the employer; and (c) the benefits paid out of the contributions of the employer. (e) in section 11, in subsection (1), by deleting the words “wages of servants (gens de service) established by article 2148” and replacing them by the words “remuneration of whatever nature due to workers and apprentices (salariés et apprentis) established by article 2148 alinéa 6”; (f) in section 19 – (i) b y repealing subsections (2) and (3) and replacing them by the following subsections – (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. (ii) by repealing subsection (4); (g) by inserting, after section 47, the following new sections –

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