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

Notices

Minimum Skills and Training Requirements for Board Members of Pension Funds, 2020

1. Definitions

 

In this Schedule, "the Act" means the Pension Funds Act, 1956 (Act No. 24 of 1958), and any word or expression to which a meaning is assigned in the Act bears the meaning so assigned to it, and unless the context indicates otherwise—

 

"Authority"

means the Financial Sector Conduct Authority as defined in section 1 of the Act;

 

"effective date"

means the date referred to in paragraph 4(2);

 

"Financial Sector Regulation Act"

means the Financial Sector Regulation Act, 2017 (Act No. 9 of 2017); and

 

"Trustee Training Toolkit"

means the Trustee Training Toolkit facility provided for by the Authority on the following website: www.trusteetoolkit.co.za.

 

 


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