Temporary Employees Pension Fund Act, 1979 (Act No. 75 of 1979)2. Termination of previous funds, and transfer of assets, rights and duties |
As from the fixed date—
(a) | every previous fund shall cease to exist; |
(b) | the Fund shall be credited with all amounts with which a previous fund was credited immediately before the said date; |
(c) | call rights and duties, existing as well as accruing, of a previous fund shall become the rights and duties of the Fund; |
(d) | any reference in any law to a previous fund shall be construed as a reference to the Fund. |