Protection of Businesses Act, 1978
R 385
Associated Institutions Pension Fund Act, 1963 (Act No. 41 of 1963)1. Definitions |
In this Act, unless the context otherwise indicates—
| (i) | "associated institution" |
means—
| (a) | the Human Sciences Research Council contemplated in section 2 of the Human Sciences Research Council Act, 2007; |
[Definition substituted by section 19 of the Human Sciences Research Council Act, 2008 (Act No. 17 of 2008), Notice No. 1070, GG31470, dated 30 September 2008]
| (b) | the Council of the South African Bureau of Standards established by section four of the Standards Act, 1962 (Act No. 33 of 1962); |
| (c) | the Atomic Energy Board established by section eleven of the Atomic Energy Act, 1948 (Act No. 35 of 1948); |
| (d) | the Board of Control of the "Afrikaanse Woordeboek" referred to in section fifteen of the Finance Act, 1946 (Act No. 57 of 1946); |
| (e) | the Africa Institute referred to in section forty-eight of the Pension Laws Amendment Act, 1962 (Act No. 92 of 1962); |
| (f) | a research institute, that is to say, any association of persons— |
| (i) | formed for the purpose of undertaking scientific industrial research and registered under the provisions of section twenty-one of the Companies Act, 1926 (Act No. 46 . of 1926); |
| (ii) | of which at least one member has been nominated by the Council for Scientific and Industrial Research referred to in section two of the Scientific Research Council Act, 1962; |
| (iii) | which is in receipt of a grant from the said Council in terms of paragraph (i) of subsection (1) of section four of the last-mentioned Act; and |
| (iv) | which has been recognized by the Minister as an associated institution for the purposes of this Act; |
| (g) | any institution which in terms of section one of the State-aided Institutions Act, 1931 (Act No. 23 of 1931), has been declared to be subject to the provisions of that Act; |
| (h) | [Definition repealed by the General Pensions Act, 1979 (Act No. 29 of 1979) Laws Repealed Schedule, Notice No. 746, GG6390, dated 5 April 1979] |
| (ii) | "council" |
means—
| (a) | the board or other body responsible for the control of an associated institution; or |
| (b) | where there is no such board or body, the person recognized by the Minister as being responsible for the control of the associated institution in question; |
| (iii) | "Director-General" |
means the Director-General of the National Treasury;
[Definition inserted by section 1(a) of the Financial Matters Amendment Act, 2023 (Act No. 09 of 2023), Notice No. 3651, GG48917, dated 7 July 2023 - effective 14 July 2023 per Notice No. 3683, GG48962 dated 14 July 2023 (section 21(2))]
| (iv) | "Minister" |
means the Minister responsible for finance;
[Definition substituted by section 1(b) of the Financial Matters Amendment Act, 2023 (Act No. 09 of 2023), Notice No. 3651, GG48917, dated 7 July 2023 - effective 14 July 2023 per Notice No. 3683, GG48962 dated 14 July 2023 (section 21(2))]
| (v) | "National Treasury" |
means the National Treasury established by section 5 of the Public Finance Management Act, 1999 (Act No. 1 of 1999);
[Definition inserted by section 1(c) of the Financial Matters Amendment Act, 2023 (Act No. 09 of 2023), Notice No. 3651, GG48917, dated 7 July 2023 - effective 14 July 2023 per Notice No. 3683, GG48962 dated 14 July 2023 (section 21(2))]
| (vi) | "regulation" |
means any regulation made and in force under this Act;
| (vii) | "Secretary" |
[Definition deleted by section 1(d) of the Financial Matters Amendment Act, 2023 (Act No. 09 of 2023), Notice No. 3651, GG48917, dated 7 July 2023 - effective 14 July 2023 per Notice No. 3683, GG48962 dated 14 July 2023 (section 21(2))]
| (viii) | "specified date" |
means, subject to the provisions of section five, the date specified in the regulations as the date of the establishment of the fund;
| (ix) | "the fund" |
means the pension fund referred to in paragraph (b) of sub-section (1) of section two;
| (x) | "the technical colleges provident fund" |
means the Technical Colleges Provident Fund established under the regulations made in terms of paragraph (g) of sub-section (1) of section nineteen of the Higher Education Act, 1923 (Act No. 30 of 1923);
| (xi) | "the university institutions provident fund" |
means the University Institutions Provident Fund established under the regulations made in terms of paragraph (g) of sub-section (1) of section twelve of the Higher Education Additional Provision Act, 1917 (Act No. 20 of 1917);
| (xii) | "this Act" |
includes any regulation.
