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Pension Funds Act, 1956 (Act No. 24 of 1956)

Chapter III : Manner of Administration and Powers of Registered Funds

10. Business which may be carried on

 

No registered fund shall carry on any business other than the business of a pension fund: Provided that the registrar may approve of a fund carrying on such other business on such conditions and for such period as he may determine if the registrar is satisfied that this is necessary in order to safeguard an investment made by the fund.