Labour Relations Act, 1995 (Act No. 66 of 1995)

Schedules

Schedule 5 : Amendment of Laws

3. Amendment of Section 2 of Pension Funds Act, 1956
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Section 2 of the Pension Funds Act, 1956 (Act No. 24 of 1956) is hereby amended by the substitution for subsection (1) of the following subsection :

 

(1)The provisions of this Act shall not apply in relation to any pension fund which has been established or continued in terms of a collective agreement concluded in a council in terms of the Labour Relations Act, 1995 (Act No. 66 of 1995), before the Labour Relations Amendment Act, 1998, has come into operation, nor in relation to a pension fund so established or continued and which, in terms of a collective agreement concluded in that council after the coming into operation of the Labour Relations Amendment Act, 1998, is continued or further continued (as the case may be). However, such a pension fund shall from time to time furnish the registrar with such statistical information as may be requested by the Minister.

 

[Item 3 to Schedule 5 substituted by section 27(a) of Act No. 127 of 1998]