Cap. 318 · Social Security Act (Cap. 318)
Cap. 318 Art. 64DVoluntary Third Pension.
PART V
(1) The Minister may, with the concurrence of the Minister responsible for finance, provide for exemptions, deductions against chargeable income, or relief from income tax in respect of contributions made by any person to a Third Pension which provide for the payment of a regular income or other benefits to such persons and, or their dependants in line with the provisions of the Special Funds (Regulation) Act or the Retirement Pensions
Act.
(2) Any sum or other benefit payable by Third Pension funds referred to in this article shall not be considered as Service Pensions for the purposes of this Act.
(3) Third Pension funds shall be funds governed by the Special
Funds (Regulation) Act, or the Insurance Business Act, as applicable.