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2019 Trust Deed Amendment and Restatement

Amendments to the Trust Deed were formally approved by the Department of Labour and Pensions (“DLP”) on 27 May 2019 with effective date 18 July 2016.  These Amendments were approved in accordance with section 12(7) of the National Pensions Law, which states:

(7) Notwithstanding subjection (1), an administrator shall not be required to obtain the approval of members of a plan for amendments which are, in the opinion of the Director, minor or statutorily required.

Department of Labour and Pensions Trust Deed Summary of Approval

Resolution of Trustees, Trust Deed and Regulatory Approval

Trust Deed Comparison