LAWS OF TUVALU
2008 Revised Edition

PROVIDENT FUND (NOMINATIONS) REGULATIONS

CAP. 32.08.2

Arrangement of Regulations

Regulation

1 Citation and interpretation
2 Nomination of beneficiaries
3 Execution of the memorandum
4 Members not wishing to nominate beneficiaries
5 Submission of memoranda

SCHEDULE

TUVALU PROVIDENT FUND 

Supporting Documents 

ENDNOTES 

______________

PROVIDENT FUND (NOMINATIONS) REGULATIONS MADE UNDER SECTION 22 OF THE PROVIDENT FUND ACT1

1 Citation and interpretation 

	(1) These Regulations may be cited as the Provident Fund (Nominations) Regulations. 
	
	(2) In these Regulations, unless the context otherwise requires — 

"person of standing" means a person of standing in the community authorised to witness signatures on important documents; and 

"portion" means the portion of death benefit indicated by a member to be payable to each person nominated under section 25(1). 

2 Nomination of beneficiaries 

For the purposes of section 25 a member may nominate a person or persons to receive the amount of death benefit or portion thereof payable upon his death by executing a memorandum in the form prescribed in the Schedule to these Regulations. 

3 Execution of the memorandum 

The memorandum executed under regulation 2 shall be accepted as valid only if — 

	(a) it is completed to indicate the portion to be paid to each nominated person; 
	
	(b) it is signed by the member in the presence of a person of standing who shall witness the signature; and 

(c) the person witnessing the member's signature is not a person nominated by the member concerned. 

4 Members not wishing to nominate beneficiaries 

A member who does not wish to nominate any person or persons to be a beneficiary under section 25 shall be required to make a declaration to that effect on the form prescribed in the Schedule to these Regulations. 

5 Submission of memoranda 

After execution of the memorandum under regulation 3 or 4 a member shall submit it forthwith to the Fund. 

_____________

SCHEDULE

1. Form of memorandum
The memorandum shall be in the following form — 

TUVALU PROVIDENT FUND

Memorandum of Nomination

(To Receive Death Benefit)

MEMBERSHIP IDENTITY NO: ...........................................

I, ..........................................................of .......................................................................
(full name of member)                               (address of member) 

*1. hereby nominate the person named below to receive any death benefit payable in the event of my death; or 

*2. hereby nominate the persons named below to receive the portion indicated of any death benefit payable in the event of my death; or 

*3, do not wish to nominate anyone to receive death benefit in the event of my death

*Please delete the declaration not applicable. 

I understand that this memorandum will be rendered null and void if I marry (or re-marry) after the date below and that I should execute a fresh memorandum as soon as possible after marriage. 

NAME OF NOMINEE 	ADDRESS 	RELATIONSHIP 	DATE OF BIRTH	PORTION 	

Signature of Member, ............................................... Date ........................20.......... 

Signature of Witness ........................................................................................................ 

Full Name and Address of Witness,...........................................,...................................., 
........................................................................................................................................... 

Status/Occupation of Witness .......................................................................................... 
(See Notes) 

Important Notice: 

A person nominated on this form may NOT be a witness. 

Form B.1 

ENDNOTES 
_____________
1 LN 14/1985