Section 79: Appointment of Chief Executive Officers for Pension Fund Administrators and Pension Fund Custodians.

(1)
The Chief Executive Officer, Directors and Management Staff of a Pension Fund Administrator or Pension Fund Custodian shall not be appointed without the prior written approval ofthe Commission.
(2)
The Chief Executive Officer and Directors of a Pension Fund Administrator or Pension Fund Custodian shall execute the code of conduct form as may be provided by the Commission from time to time.
(3)
Notwithstanding subsections (1) and (2) of this section, the Commission may suspend or direct the resignation and/or sack of any Chief Executive Officer, Director or Management staff of any Pension Fund Administrator or Pension Fund, Custodian found to have grossly disregarded the provisions of this Act.