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

Chapter VI : General and Miscellaneous

32A. Power of registrar in respect of communications

Purchase cart Previous page Return to chapter overview Next page

 

(1)The registrar may prescribe the information and the intervals at which such information must be communicated to stakeholders by a fund or administrator.

 

(2)If any advertisement, brochure or similar communication which relates to the business of a pension fund is being, or is to be, published by any person, and any such communication is misleading, confusing or contains any incorrect statement of fact, the registrar may, after giving the person a reasonable opportunity to be heard, direct that person not to publish it, to cease publishing it or to effect changes thereto.

 

[Section 32A substituted by section 46 of Act No. 45 of 2013]