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Cap. 450 · cap/450 (Cap. 450)

Cap. 450 Art. 39Payment of retirement fund expenses and scheme expenses.

PART II

In forceOfficial text

Retirement funds and schemes shall comply with such requirements as may be prescribed with regard to the use of the scheme’s money or other assets -

(a) to defray administrative expenses;

(b) to pay any commission; or

(c) in any other way which does not result in the provision of retirement benefits for or in respect of beneficiaries.