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Fiji National Provident Fund (Budget Amendment) Act 2014

FIJI ISLANDS

FIJI NATIONAL PROVIDENT FUND (BUDGET AMENDMENT) ACT 2014

ACT NO. 13 OF 2014

I assent.

E. NAILATIKAU
President

[15 December 2014]

AN ACT

TO AMEND THE FIJI NATIONAL PROVIDENT FUND DECREE 2011

ENACTED by the Parliament of the Republic of Fiji—

Short title and commencement

1.— (1) This Act may be cited as the Fiji National Provident Fund (Budget Amendment) Act 2014 and shall come into force on 1st January, 2015.

(2) The Fiji National Provident Fund Decree 2011 shall be referred to as the "Decree".

Section 37 amended

2. Section 37 of the Decree is amended in subsection (4) by deleting "16%" and substituting "18%".

Section 39 amended

3. Section 39 of the Decree is amended in subsection (1) by deleting "50%" and substituting "8/18 or 44.4% (whichever is the greater)".

Passed by the Parliament of the Republic of Fiji this 11th day of December 2014.
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