Introductory Text
Provisions as to Benefit Funds
1. Rule against perpetuities not to apply to registered funds.
2. Qualifications for registration of funds.
3. Registration.
4. Power on registration of funds to delete provisions for avoiding the rule against perpetuities.
5. Accounts and reports of registered funds.
6. Supplementary provisions as to powers of Authority .
7. Penalties for defaults.
8. Interpretation.
Provisions as to Funds for the reduction of the National Debt
9. Validation of trust funds for the reduction of National Debt.
General
10. Reports to Parliament.
11. Short title and extent.
SCHEDULE
Requirements as to Rules of Registered Funds
The rules of a fund qualified for registration under this...
