Last Updated: 16 October 2023
AN ACT TO REFORM THE FIJI NATIONAL PROVIDENT FUND, TO MAKE PROVISION TO SECURE RETIREMENT SAVINGS AND RETIREMENT INCOMES, AND FOR RELATED PURPOSES
[FNPF 36] Admission of FNPF members, and ceasing to be a FNPF member36
36
- (a)is not an FNPF member; and
- (b)is not an exempt employee of the employer;
then, as soon as practicable after the Board receives the return, the Board must admit the employee as an FNPF member.
(2) If—
- (a)a person who is employed in Fiji but is not a citizen of Fiji applies to be admitted as an FNPF member; and
- (b)his or her employer agrees to the application;
the Board must admit the person as an FNPF member.
(3) If a court makes an order under section 136(2)(a) in respect of a spouse of an FNPF member, the Board must admit the spouse as an FNPF member.
(4)
[subs (4) rep Act 11 of 2024 s 3, effective 1 January 2025]
(4A) If an arrangement is made between FNPF and the trustees of a registered trust or trust provided for by written law, where the entitlements of a minor may be invested for the minor by the Board, the Board must admit the minor as an FNPF member.
[subs (4A) insrt Act 42 of 2022 s 2, effective 1 August 2022]
(5) A person who is not an FNPF member but who, under the regulations, is eligible to be an FNPF member, may, on application to the Board, be admitted as an FNPF member.
(6) If—
- (a)an entitlement event occurs in relation to an FNPF member who is an employee of a registered employer or an FNPF member’s account has been dormant for a period as determined by the Board; and
- (b)after a payment or payments are made in relation to the event or the member’s dormant account, as the case may be, the balance of the member’s preserved and general accounts is zero dollars;
the member ceases to be an FNPF member. However, the member may be readmitted as an FNPF member in accordance with this Act but only on one further occasion.
[subs (6) am Decree 77 of 2012 s 7, effective 1 March 2012; Act 42 of 2022 s 2, effective 1 August 2022]
The Laws of Fiji