Protection of Businesses Act, 1978
R 385
Pension Funds Act, 1956 (Act No 24 of 1956)Board NoticesNotice on Valuation Exemption, 20142. Format and submission |
| (2.1) | A fund may apply for valuation exemption and must submit to the registrar, at least once in every three years, an application made in the prescribed format which consists of the following: |
| (a) | a duly signed statement by the board of the fund, as set out in Annexure A, whereby the fund applies for valuation exemption; and |
| (b) | a duly completed certificate by a valuator, stating the date from which the valuation exemption is required, which date must coincide with the fund's financial year end or anniversary, in the format prescribed in Annexure B. Where a fund subject to valuation is applying for valuation exemption, the certificate must be completed by the valuator appointed to the fund. In instances where a fund is applying for the renewal of valuation exemption, any valuator can complete the certificate. |
| (2.2) | The submission to the registrar must be made electronically on the official web site (www.fsb.co.za) in portable document format (PDF). |
| (2.3) | The above-mentioned documents must be submitted together as one application. |
