Cap. 514 Art. 13General duty for any person responsible for a retirement scheme or fund.

(1) The Retirement Scheme Administrator shall act in the best interests of the retirement scheme, its members and beneficiaries, and may not use the assets of the retirement scheme for its own or other purposes.

(2) Any person, by whatever name designated, responsible for the operation, administration and management of the retirement fund, shall act in the best interests of the retirement fund and may not use the assets of the retirement fund for its own or other purposes.