(1) The Governor may,
by regulations, make rules to govern the scheme.
(2) Rules made under
subsection (1) are —
(a) to
provide for mine workers to become members of the scheme, for different
categories of membership and for admission to, continuation of and cessation
of membership; and
(b) to
require employers to participate in the scheme and to provide for admission
to, continuation of and cessation of participation; and
(c) to
specify superannuation and related benefits to be paid to or in respect of
members of the scheme; and
(d) to
provide for the protection, adjustment, reduction, forfeiture and application
of the scheme benefits; and
(e) to
require members and employers to pay contributions towards the scheme
benefits, and to specify the amount or rate of contributions to be paid by
members and employers respectively, or procedures by which the amount or rate
of such contributions is to be determined.
(3) Rules made under
subsection (1) may include any provision necessary or convenient for
consistency with the SIS Act.
[Section 7A inserted: No. 19 of 2013 s. 6.]