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

Board Notices

Notice on the Appointment of a Valuator, 2014

3. Period prescribed under section 9A(3) of the PFA

 

3.1 In terms of section 9A(3), a fund must appoint another valuator within such period, as prescribed, from the date of termination of the appointment of its current valuator, or where the valuator is unable for any reason to discharge any of his or her statutory duties.

 

3.2 The period prescribed in terms of section 9A(3) is 90 days.

 

3.3 Funds registered in terms of the PFA that are not valuation exempt as at the date of publication of this notice and which do not have an appointed valuator as at the date of publication of this notice, must comply with this notice within 90 days after the date of its publication.

 

 


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