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eSwatini
Members of Parliament and Designated Office Bearers Pension Fund Order, 1993
Kings Order in Council 18 of 1993
- Published in Swaziland Government Gazette 985 on 1 October 1993
- Assented to on 17 September 1993
- Commenced on 1 November 1993 by Date of Commencement (Members of Parliament and Designated Office Bearers Pension Fund Order) Notice, 1993
- [This is the version of this document at 1 December 1998.]
1. Short title and commencement
This Order may be cited as the Members of Parliament and Designated Office Bearers Pension Fund Order, 1993 and shall come into operation on such date as the Minister may, appoint by Notice in the Gazette.2. Interpretation
In this Order, unless the context otherwise requires—“annual pensionable salary” means the basic salary of a member of the fund;“designated office” means the office of—(a)Indvuna YeTinkhundla;(b)Regional Administrator; or(c)any other office the appointment to which depends upon the elections or nomination of the holder by proper authority and which has been designated for the purpose of this Act by the Minister by Notice in the Gazette.“Board” means the supervisory Board established in terms of section 7;“Fund” means the Members of Parliament and Designated Office Bearers Pension Fund established in terms of section 3 of this Act;“Member” means any person who becomes a member of the Fund in terms of section 8;“Member of Parliament” means a member of either House of Parliament;“Minister” means the Minister for Finance;“proper authority” means the King or a person to whom the King has explicitly delegated power to nominate or to elect;“retirement” means—(a)in the case of a member of Parliament the termination of his membership of Parliament;(b)in the case of a person who is a holder of a designated office, the termination of his appointment to that office;“termination” means ceasing to be a member of Parliament in accordance with sections 21 and 22 of the Establishment of the Parliament Order, 1992.3. Establishment of Members of Parliament and Designated Office Bearers Pension Fund
4. Powers of the Fund
The Fund may—5. Monies and audit of the Fund
6. Administration and management of the Fund
The Minister may enter into any agreement or make any other arrangements with any person for the purpose of administering and managing the Fund.7. Establishment of a Supervisory Board
8. Membership of the Fund
9. Pension contributions by members and the Government
10. Retirement benefits
11. Death before retirement
12. Death after retirement
13. Commutation
14. Liability to income tax
Notwithstanding any other law, the amount of any pension payable under this Act shall be liable to tax under the Income Tax Order, 1975.15. Protection of pension from attachment etc.
16. Transitional provisions
18. Regulations
19. Repeal
The Members of Parliament (Gratuity) Act, 1980 is repealed.History of this document
01 December 1998 this version
Consolidation
01 November 1993
01 October 1993
17 September 1993
Assented to