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Government Employees Pension Law, 1996

Schedule 1 : Rules of the Government Employees Pension Fund

4. Management of the fund

4.16 Registration and safe keeping of securities


All title deeds and securities of the Fund are registered in the name of the Fund or in the name of a nominee company or institution approved by the Board and no security is transferred, amended, ceded, or otherwise alienated. All mortgage bonds, title deeds and other securities that belong to the Fund or are held by the Fund, are kept in safe custody in a vault or strongroom at the registered office of the Fund or at any registered financial institution approved by the Board for this purpose, unless they are temporarily held in another place with the approval of the Board.