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Section 12 Companies and Allied Matters Act 2020

Section 12 CAMA 2020

Section 12 Companies and Allied Matters Act, 2020, is about Service in the Commission to be pensionable. It is under PART A (CORPORATE AFFAIRS COMMISSION) of the Act.

(1) Service in the Commission shall be approved service for the purpose of the Pensions Reform Act (or any amendment thereto or reenactment thereof) and accordingly, officers and other persons employed in the Commission are, in respect of their service in the Commission entitled to
pensions, gratuities and other retirement benefits as determined in the Commission’s conditions of service.

(2) Nothing in this Act shall prevent the appointment of a person to any office on terms in the Commission which preclude the grant of pension contributions or gratuity.

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See also  Section 402 Companies and Allied Matters Act (CAMA) 2020

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