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Medical Schemes Act, 1998 (Act No. 131 of 1998)


Regulations in terms of the Medical Schemes Act

Chapter 2 : Administrative requirements

6A. Disclosure of trustee remuneration


The annual financial statements of a medical scheme shall contain the following information in relation to trustee remuneration, either in the income statement or by means of a note thereto, the amount paid, per trustee, in the following categories –

a) disbursements, including but not limited to :
i) travelling and other expenses for attendance of meetings or conferences:
ii) accommodation and meals; and
iii) telephone expenses for business purposes;
b) fees for attendance of meetings of the board or committees of the board;
c) fees due for holding particular office on the board or Committees of the board;
d) fees for consultancy work performed for the medical scheme by a trustee; and
e) other remuneration paid to a trustee.