Acts Online
GT Shield

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

Chapter VA : Consideration and Adjudication of Complaints

30Q. Powers of Adjudicator

 

The Adjudicator may with the concurrence of the Financial Services Board—

(a) hire, purchase or otherwise acquire such movable properly as may be necessary for the performance of his or her functions and may let, sell or otherwise dispose of property so purchased or acquired;
(b) in order to perform his or her functions, enter into an agreement with any person for the performance of any specific act or function or the rendering of specific services;
(c) insure his or her Office against any loss, damage, risk or liability which it may suffer or incur;
(d) employ persons to assist in the performance of his or her functions;
(e) obtain such professional advice in the performance of his or her functions as may be reasonably required;
(f) subject to such conditions as he or she may determine, delegate any of his or her functions, except the functions contemplated in section 30E, to an employee of his or her Office;
(g) in general do anything which is necessary or expedient for the achievement of his or her objects and the performance of his or her functions.