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<h1>Pension fund exemption compliance: accountant certification confirms investment, sale, governance and reporting conditions for tax-exempt status.</h1> Accountant certifies, after examining a notified pension fund's records, that specified investments and income meet the statutory exemption criteria: identifying details, eligible investment balances and transactions, any qualifying investments sold within the prescribed holding period, investee particulars, and the amount of income eligible for exemption. The certificate further confirms that the fund satisfies governing conditions-nature and purpose of administered plans, sovereign wealth fund ownership and vesting conditions where applicable, non inurement to private persons, restrictions on active commercial participation, disclosure of loans and borrowings, maintenance of segmented accounts, tax status abroad, and filing of required investment intimations-followed by verification and conflict of interest declarations.
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