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

Board Notices

Notice on the Appointment of a Valuator, 2014

4. Affidavit by an actuary to be recognised as a valuator

 

4.1 When an actuary first applies to the registrar for recognition as a valuator under section 1(1) of the PFA, or upon subsequent application for renewal of recognition as valuator, an affidavit in the prescribed format of Annexure D to this notice, must be submitted with such application.

 

4.2 When a fund appoints a valuator, the valuator must confirm in his or her declaration made in terms of Annexure B to this notice that all particulars contained in the most recent affidavit submitted to the registrar remain accurate. If this is not the case, full details must be provided by the valuator.

 

4.3 An actuary who is recognised as a valuator by the registrar at the date of publication of this notice and who has not complied with the provisions of paragraph 4.1, must submit to the registrar an affidavit in the prescribed format of Annexure D to this notice within 90 days after the date of its publication.