Cap. 514 Art. 36Duty to report.

(1) If a retirement scheme or Retirement Scheme

Administrator or retirement fund or any person, by whatever name designated, responsible for the operation, administration and management of the retirement fund, or any service provider of any retirement scheme or retirement fund knows, believes or otherwise suspects that any duty relevant to the operation of the retirement scheme or retirement fund imposed under this or any other law on any person acting in connection with the retirement scheme or retirement fund has not been or is not being complied with, he must immediately give a written report on the matter to the competent authority.

(2) The competent authority may by directive disqualify a person from its position if it appears to the competent authority that the person has failed to comply with sub-article (1).