Pension Fund (Annual Report) Regulations, 2002

1. These Regulations may be cited as the Pension Fund (Annual Report) Regulations, 2002.

2. The annual report for submission to the Registrar under section twenty-two shall in addition to the information specified in that section comprise- Annual repo11 ( a) a report of the trustees; (b) a report of the auditors stating the information specified in section twenty-two; ( c) accounting policies, including, where applicable, a statement on the actuarial valuation of the fund; ( d) notes to the financial statements, including notes on portion or funds that have been invested abroad in respect of each investment type; ( e) list of participating pension schemes and net assets attributable to each of those schemes; (f) five year financial summary; and (g) five year membership summary.

3. The report of the trustees shall, among other things, cover the following matters: ( a) object of the fund; (b) hi.5.tory of the fund; Contents of reportoftrus1ees t\�!- ·1 it;B,:ft)I }' ..... ,:Xf:!1/��-% i_: ,--:.• ... �t .}t;,J'·""·{{�t-'.· t�·J ��:;1:i-r;-:: 1 ·.1�f�r�:'.j·�:·{� 1,,,,�,,h,,"i'; ,, .,�f; ;•.I,, '1'� �,�,t�}!r1i:�;.�.�f �i W1 !if tl!�i�l1�if I! Copies of 1/iis StalUtory Jnsrrumenr ca11 be obrainedfrom rhe Govemmem Prilller; P.O. Box 30136, 10101 Lusaka. Pn'ce K500each •-1t•r,,i• ,w;J,.1i.,v,,b.-·.•:,l•, :i <, ,1 .. �:,�.,.:�;; u.;.-rx .. : ·, 1._.:;1 ';i'r'i\ 1 '•fff�, >�< '1t,' /,\). 'I · :· t �1)<"'.,,•'i.i!:•, fi1 :h·;:,_; ·-if1"t[f:h\t;-:t::.-:�· �.• .. :! : •. -1,.n,t:."t�\•,.11: �• ,.:: ::-: ' t. �•):•,.\\'�JJ•fi(�\��(.:c•.,1 '/f,t!l��i·��t�1:;.�,;f*�} ..... � 1 , JL .,M .. .,..,·\; ��!.�I:¥1i5f:{htt{t}l�Jl ·:·,t)� �.:,;.�:�:;;.ji .. !� i � .. ,.I i, ..,,� ?..-ft.:_:-.}1•!;.I. ;,. • :,:,,.,�,.,,. " .. ,..\:,�"l·!t,, .��-·:.-:-:·�·f"fi. ,· \ ,,.,'9-:\4..�-�i�-, ji .. ;.:,i, )�".; : .1 {i(},•,t��j\1�:i.:-;�\i,1,�)� � :"'i?J,�;f��\:Ji ,.1;('!;?.(1: . .• \, 'r· 'lf,,, l •� � ·' { ;.•: .,;oJ•-'�f"l·'"{J j, ,\ t•f:.' , •, :,,')\J ,,;r�fffetlh\\0 ;;:nr\1•:�;�1-t1�\;�;1,��r:I!IK'&r.�;7;:f4ii���W%11}\:p;r�J�r:t�1�1�:�r�%¼i"�ti�1r�1:i1�����\���� l.:;{,;-• ..,.•if.t�\,•.id:\\1� , � �1�1��1�i1 ;�i�X1b�!�tr.�til�fl�JgJ��1iitt!fl�1t�.��ffltif;,f{�ffimt�lf4►.1{l tlitl¢1�rt��,li��iilwi:lil��,it · )I . �! - ,. ·- . • .... . . ••• . . · · · . . . (c) investment policy of the fund; ( d) a review of the financial development of the fund, as shown by the accounts and it's financial prospects, as indicated by the actuarial valuation where applicable; ( e) the difference between value of investments as included in the balance sheet and their market values: (j) names of trust_e_es and basis of their appointments; (g) names and addresses of proffessional advisors; (h) the fund address for inquiries; and (i) analysis of total membership into active members, pensioners and deferred members. Conlentsof Auditors report

4. The auditors' report shall in addition to the information specified under section nve11ty-rwo siate whether in the auditors' opinion: ( a) the annual accounts have been prepared in accordance with the Pension Scheme Regulation Act; (b) a true and fair view is given of the fund's affairs at end of its financial year, in case of the balance sheet; and ( c) a true and fair view of the fund's surplus or deficit for its financial year, in case of the income and expenditure. account. LUSAKA 1st June, 2002 [MF.101/25/84] E.G. l<ASONDE, Mi11ister of Finance and National Pla11ning �) � )