16 Oct 2018 in National Assembly:
THAT, the Bill be amended by inserting the following new clause immediately after Clause 57-
view
16 Oct 2018 in National Assembly:
Date of Transition. 58. The provisions of sections 53 and 54A shall come into effect
view
16 Oct 2018 in National Assembly:
at the end of five years from the commencement date.
view
16 Oct 2018 in National Assembly:
This clause specifies that the provisions of Sections of 53 and 54A shall come into effect at the end of five years from the commencement date. That means that this will give effect to the transitional clauses. That is the purpose of this clause.
view
16 Oct 2018 in National Assembly:
Yes, I confirm that the commencement date is on assent.
view
16 Oct 2018 in National Assembly:
Hon. Chairman, I beg to move:
view
16 Oct 2018 in National Assembly:
THAT, the Schedule to the Bill be amended— (a) by deleting section 2 and substituting therefor the following new paragraph- (1) The quorum of a meeting of the Board shall be five trustees present and voting provided that at least two trustees appointed under section 6(b), (c), (d), (e) or (f) and at least two trustees appointed under section 6 (g)are present. (2) For special meetings, the quorum shall be six trustees present and voting provided that at least two trustees appointed under Section 6(b), (c), (d), (e) or (f) and at least two trustees appointed under Section 6(g) are ...
view
16 Oct 2018 in National Assembly:
(b) in Section 5(4) by deleting the word “seven” and substituting therefor the word “two.” The justification for this is to ensure that all meetings are conducted and are representative. For special meetings, that they are also conducted in a manner that is representative so that one group of trustees does not conduct a meeting. We must ensure that every sector where membership is drawn from is represented before a meeting starts.
view
16 Oct 2018 in National Assembly:
Hon. Chairman, I beg to move;
view
16 Oct 2018 in National Assembly:
THAT, Clause 2 of the Bill be amended by deleting the definition of “existing scheme” and substituting therefor the following new definition— “existing scheme” means the Local Authorities Provident Fund, the Local Authorities Pension Trust, the Local Authorities Pension Trust (Defined Benefits) Scheme and the Local Authorities Pension Trust (Umbrella) Retirement Fund.
view