1. Interpretation
In this Act, unless the context otherwise requires (a) "approved scheme" means a provident fund scheme the rules or regulations of which have been approved by the Minister under section 2 ;
"bonus" means a sum credited to an individual contributor's account otherwise than by the contributor or by way of interest;
"contributor" means a person who is making contributions into a fund of an approved scheme;
"draft regulations" means the regulations set out in the Schedule to this Act;
"fund" means the sum total of all contributions, bonuses and interest contributed or paid under the provisions of any approved scheme;
"public authority" means any municipal council established under the Local Governments Act, and any other authority or association of persons recognised by the Minister by statutory instrument as a public authority for the purposes of this Act.
Section analysis Source linked
This section supplies the definitions or statutory meaning governing “Interpretation”.
“In this Act, unless the context otherwise requires (a) "approved scheme" means a provident fund scheme the rules or regulations of which have been approved by the Minister under section 2;”
Use this definition when interpreting other provisions that employ the language addressed by “Interpretation”.
Operative requirements extracted from the consolidated text.
- (b) "bonus" means a sum credited to an individual contributor's account otherwise than by the contributor or by way of interest;
- (c) "contributor" means a person who is making contributions into a fund of an approved scheme;
- (d) "draft regulations" means the regulations set out in the Schedule to this Act;
- (e) "fund" means the sum total of all contributions, bonuses and interest contributed or paid under the provisions of any approved scheme;
- (f) "public authority" means any municipal council established under the Local Governments Act, and any other authority or association of persons recognised by the Minister by statutory instrument as a public authority for the purposes of this Act.
Express propositions in source-matched passages from judgments citing this section.
No judgment in the current Wakilii corpus expressly cites this section. Bare rule-number references are not assigned where the Order cannot be verified.
No section-specific amendment note or instrument-level amendment history appears in this consolidation.