CHAPTER 51
PROVIDENT FUND (GOVERNMENT EMPLOYEES) ACT

[SUBSIDIARY LEGISLATION]

INDEX TO SUBSIDIARY LEGISLATION

   NOTICES

      The Provident Fund (Rate of Interest on Deposits and Bonuses) Notice

   REGULATIONS

      The Provident Fund (Government Employees) Regulations

NOTICES

THE PROVIDENT FUND (RATE OF INTEREST ON DEPOSITS AND BONUSES) NOTICE

(Section 8(1))

G.N. No. 52 of 1989

   It is hereby notified that in pursuance of the provisions of subsection (1) of section 8 of the Provident Fund (Government Employees) Act, the President has, with the advice of the Board of Management, fixed in respect of the period 1st July, 1987 to 30th July, 1988, the rates of interest set out below:

Compulsory Deposits ...............................................

10 percent

Bonuses .................................................................

10 percent

REGULATIONS

THE PROVIDENT FUND (GOVERNMENT EMPLOYEES) REGULATIONS

(Section 23)

G.Ns. Nos.
388 of 1942
453 of 1942
66 of 1944
66 of 1945

1.   Citation

   These Regulations may be cited as the Provident Fund (Government Employees) Regulations.

2.   Nominations

   (1) A nomination for the purposes of section 21 of the Act shall be made in Form 1 of the Schedule hereto and submitted forthwith to the Permanent Secretary to the Treasury.

   (2) A depositor may at any time cancel or revise any such nomination and such cancellation or revision shall be made in Form 2 or Form 3 of the Schedule hereto as the case may be and submitted forthwith to the Permanent Secretary to the Treasury.

3.   Voluntary deposits

   (1) Any depositor who immediately prior to the commencement of the Provident Fund (Government Employees) Act * was entitled to make a deposit to the Fund established by the African Civil Service Provident Fund Ordinance * may–

   (a)   make fixed monthly voluntary deposit of not less than five shillings or any multiple thereof and the Permanent Secretary to the Treasury shall deduct such deposits from the salary of the depositor;

   (b)   withdraw any part of such deposit upon application to make such withdrawal to Permanent Secretary to the Treasury:

   Provided that save in the event of the final closing of a deposit account such withdrawal shall be in sums of five shillings or multiples thereof.

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