RegAlert

Rule · NAMFISA · 27 Jan 2014

Circular PI/MA/1/2014 – Repeal of Circular PI/MA/3/2004

insurance
governance

The Registrar of Medical Aid Funds repeals Circular No. PI/MA/3/2004 with immediate effect. All registered Medical Aid Funds must include Trustee remuneration as a standing agenda item at every Annual General Meeting for member approval. Approved remuneration structures must be incorporated into the fund's amended rules and submitted to NAMFISA for annual approval.

NamibiaNamibia Financial Institutions Supervisory Authority

NAMFISA

NAMIBIA FINANCIAL INSTITUTIONS SUPERVISORY AUTHORITY

Enquiries: Mr. Tafadzwa H. Mashozhera

27 January 2014

TO: Principal Officers of all Medical Aid Funds

DIRECTIVE: PI/MA/1/2014

Effective date: 27 January 2014

SUBJECT: REPEALING OF CIRCULAR NO. PI/MA/3/2004

This notice serves to inform all registered Medical Aid Funds that after thorough considerations, the Registrar has decided to repeal circular No. PI/MA/3/2004 with immediate effects.

All Medical Aid Funds are required to ensure that the Trustee remuneration subject is included as a standing agenda item at every Annual General Meeting, for the members to approve the remuneration structure for Trustees. Funds are further required to ensure that the approved remuneration structure forms part of the fund's amended rules and is submitted to NAMFISA for approval on an annual basis.

Should you have any query in this regard please do not hesitate to contact Mr. Tafadzwa Mashozhera on telephone number 061 290 5167 or e-mail address: maf@namfisa.com.na

Phillip M. Shiimi
Registrar: Medical Aid Funds

Date
27/01/14

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RegAlert holds no document that amends or replaces this one. This is not a check that it is in force: confirm with the regulator.

PI/MA Circular No. 3 of 2004Not in RegAlertPI/MA Circular No. 3 of 2004 — Not in RegAlertCircular PI/MA/1/2014 – Repealof Circular PI/MA/3/20042014-01-27 · this documentCircular PI/MA/1/2014 – Repeal of Circular PI/MA/3/2004 (2014-01-27)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
The links and the sentences they come from (1)
Supersedes
  • PI/MA Circular No. 3 of 2004Not in RegAlert

    “This notice serves to inform all registered Medical Aid Funds that after thorough considerations, the Registrar has decided to repeal circular No. PI/MA/3/2004 with immediate effects.”

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Source: Namibia Financial Institutions Supervisory Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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