Prospective and retrospective amendment power expanded to include the Insurance Scheme and Family Pension Scheme. The amendment replaces the wording of section 7(1) to permit the authority to "amend or vary, either prospectively or retrospectively, the Scheme, the ... Summary
Prospective and retrospective amendment power expanded to include the Insurance Scheme and Family Pension Scheme.
The amendment replaces the wording of section 7(1) to permit the authority to "amend or vary, either prospectively or retrospectively, the Scheme, the Family Pension Scheme or the Insurance Scheme," thereby authorizing changes to those schemes with either prospective or retrospective effect.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.