1982 Ed.]
Grant Schools Provident Fund Rules
[CAP. 279
C 13
(2) The accounts of the fund and the signed statement of the accounts shall be audited by an auditor appointed by the Governor who shall certify the statement subject to such report, if any, as he may think fit.
(3) A copy of the signed and audited statement of accounts together with the auditor's report, if any, shall be placed before the board at the annual general meeting of the board next following the expiration of the period covered by such statement, and thereafter be submitted to the Chief Secretary for the information of the Governor.
16. Without prejudice to rule 15, the board shall, whenever required by the Governor to do so, submit to him through the Chief Secretary a report on the operation of the fund and an audited statement of the accounts of the fund.
17. In any case of doubt as to the interpretation or application of these rules the decision of the Governor shall be final.
18. (1) In any case in which a teacher employed in any grant school after the commencement of these rules terminates his employment in such grant school and commences employment in a subsidized school, without break in teaching service otherwise than such break as the Director may approve, such teacher shall have the option, on application to the board, of-
(a) having his account closed in accordance with rule 13 and receiving payment in accordance with rule 14; or
(b) having his account kept open in accordance with rule 13(3); or
(c) having his account transferred to the Subsidized Schools Provident Fund.
(2) In any case after the commencement of these rules in which a contributory teacher's employment in a subsidized school is terminated and his account in the Subsidized Schools Provident Fund is transferred to the Grant Schools Provident Fund the treasurer shall open a contributor's account in the Grant Schools Provident Fund in such teacher's name and shall credit thereto the account so transferred; and such teacher shall for all purposes thereafter be deemed to have been a contributor to the Grant Schools Provident Fund with effect from the commencement of his continuous contributory service within the meaning of the Subsidized Schools Provident Fund Rules.
(3) For the purpose of this rule, the expression "without break in teaching service" means continuity of teaching employment in either a grant school or a subsidized school, as the case may be, subject only to change of employment from one such school to another such school in the course of an unbroken academic year's teaching service.
[Subsidiary]
L.N. 226 76.
Reports on working of fund. L.N. 87 76. L.N. 226 76.
Decision of doubtful cases.
Transfer of teachers from grant schools to subsidized schools and vice versa.
G.N.A. 11661.
(Cap. 279. sub. leg.)