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Financial Services Laws General Amendment Act …

Government Gazette REPUBLIC OF SOUTH AFRICA Vol. 519 Cape Town 30 September 2008No. 31471 THE PRESIDENCY No. 1071 30 September 2008 It is hereby notified that the President has assented to the following Act, which is hereby published for General information: No. 22 of 2008: Financial ServicesLaws General Amendment Act, 2008. AIDS HELPLINE: 0800-123-22 Prevention is the cure ACT To amend the pension Funds Act, 1956, so as to define and further define certain expressions; to provide for the registration and regulation of beneficiary funds; to empower the registrar to exempt certain funds from certain provisions of the Act; to further regulate the appointment and removal of a fund's principal officer, auditor and valuator; to effect improvements regarding the restrictions on the payment of fees or commissions on transfers; to effect improvements regarding the retrospective application of payment of benefits in terms of a divorce order; to extend the powers of the registrar to prescribe certain matters; and to provide for consequential amendments.

ACT To amend the— • Pension Funds Act, 1956, so as to define and further define certain expressions; to provide for the registration and regulation of beneficiary

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