Section 70: Specific obligation of the Pension Fund Custodian
2014Section 70 of 120•Federal Republic of Nigeria
(1)
The Pension Fund Custodian shall maintain all pension funds and assets in its custody to the exclusive order of the relevant Pension Fund Administrator and the Commission.
(2)
The Pension Fund Custodian shall not utilise any pension fund or assets in its custody to meet its own financial obligation to any person whatsoever.
Cite this section
Section 70, PENSION REFORM ACT, 2014 (2014).
https://repo.podus.ai/laws/pension-reform-act-2014/section/70/