Pension Laws Amendment Act 40 of 1978

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40 of 1978

The Pension Laws Amendment Act 40 of 1978 intends:

  • to amend the Associated Institutions Pension Fund Act, 1963, in order:
    • to extend the definition of "associated institution"; and
    • to provide for the declaration of certain companies to be associated institutions;
  • to amend section 16 of the Second Pension Laws Amendment Act, 1974 [repealed in 1984], in order:
    • to apply the provisions thereof to certain employees of the Government seconded for service to local authorities in a country or area no longer forming part of the Republic; and
    • to amend the definition of "fixed date";
  • to amend section 10 of the Pension Laws Amendment Act, 1975, in order to extend the provisions relating to the preservation of pension rights to certain persons appointed, nominated or elected as members of or in the service of the governments orJegislative bodies of certain countries;
  • to amend section 8 of the Pension Laws Amendment Act, 1976, in order:
    • to apply the provisions thereof to Indians;
    • to regulate the continuation of the pension rights of certain persons leaving the service of the Council for Scientific and Industrial Research;
    • to regulate the retirement benefits of certain members of the staff of certain universities discharged in certain circumstances; and
  • to provide for matters connected therewith.

Commencement

1 March 1978

Amendments

Amended by General Pensions Act 29 of 1979

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