Retirement Fund Board (Amendment) Act 1999
Retirement Fund Board (Amendment) Act 1999 Section 1
No. 4 of 1999
to
Page 1
C
T
RETIREMENT FUND BOARD (AMENDMENT)
ACT 1999
No. 4 of 1999
AN ACT TO AMEND THE RETIREMENT FUND BOARD ACT 1998
I assent,
TAUFA'AHAU TUPOU IV,
11th August, 1999.
[1st July, 1999]
BE IT ENACTED by the King and Legislative Assembly of Tonga in the Legislature
of the Kingdom as follows:
1.
(1) This Act may be cited as the Retirement Fund Board (Amendment)
Act 1999.
(2) The Retirement Fund Board Act 1998 is in this Act referred to as
the Principal Act.
2. Section 4 of the Principal Act is amended by repealing subsection (3)
thereof and substituted therefor the following new subsection (3):
“4.
(3) The Member representatives are two Members who are
appointed following election by the Members, or alternates to
such two representatives.”
Section 3 Retirement Fund Board (Amendment) Act 1999
No. 4 of 1999 Page 2
to
3. Section 4 of the Principal Act is further amended by adding the following
proviso at the end of paragraph (a) of subsection (6):
“PROVIDED that the three Employer representatives shall establish
and publish the initial procedures for appointing and removing
Member representatives before the first election to be held under
this Act.”
Passed by the Legislative Assembly this 1st day of July, 1999.