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Section 18

of Retirement Fund Act 2007

ActIn forceProvision 19 of 31

Section 18

(1)

If any debt or liability of the Retirement Fund

(Incorporated) cannot be met out of the Fund, it shall be charged to and payable out of the Consolidated Fund.

(2)

Any payment out of the Consolidated Fund under subsection (1) shall as soon as practicable be repaid by the

Retirement Fund (Incorporated) to the Consolidated Fund and until such repayment has been made, any such sums outstanding shall be a debt due to the Government and secured by a first charge over the assets of the Fund.

Read in full context — Retirement Fund Act 2007 →