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Notice of Withdrawal/Cancellation

Notice of Withdrawal of Exemption Certificate or Cancellation of Registration of ORSO scheme

When an ORSO scheme fails to comply with certain requirements of the ORSO, the MPFA may withdraw its exemption certificate or cancel its registration.

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In respect of the proposal to withdraw the exemption certificate or cancel the registration, the relevant employer may make representations or objections to the MPFA and appeal to the Occupational Retirement Schemes Appeal Board.

When the withdrawal or cancellation comes into effect, the MPFA will remove records of the relevant exempted scheme or registered scheme from the register kept by the Registrar in accordance with section 6 of the ORSO.
 




Last Revision Date: 01/09/2020