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CYP-2012-L-100704
Breadcrumb
Title_of_text
Law N° 208(I) of 2012 on the Establishment, Register, Operation and Supervision of Funds for Occupational Retirement Provision and other provisions.
Main Region
First Region
Country(ies)
Cyprus
Subjects (Classification)
Social security (general standards)
Adopted on (Date of text)
2012-12-28
Scope of text
National
Type of legislation (Type of text)
Law, Act
Second Region
Abstract/Citation
The present Law is promulgated for the purposes of harmonizing national legislation with European Parliament and Council Directive 2003/41/EC of 3 June 2003, on the activities and supervision of institutions for occupational retirement provision, as amended by article 4 of the European Parliament and Council Directive 2010/78/EU of 24 November 2010.
PART I: INTRODUCTORY PROVISIONS
(Articles 1-3)
PART II: INSPECTOR OF THE FUNDS FOR OCCUPATIONAL RETIREMENT PROVISION
(Article 4)
PART III: ESTABLISHMENT, REGISTER AND LEGAL STATUS OF THE FUNDS
(Articles 5-15)
PART IV: OPERATION AND SUPERVISION FRAMEWORK OF FUNDS SEATED IN THE REPUBLIC OF CYPRUS
(Articles 16-17)
PART V: ADMINISTRATION OF THE FUNDS, PROVISION AND JURISDICTION OF COURTS
(Articles 18-32)
PART VI: CAPITAL RESERVES, INVESTMENTS, ADMINISTRATORS, TRUSTEES AND CROSS-BORDER ACTIVITIES
(Articles 33-39)
PART VII: PROCEDURE OBSERVED BY THE FUND AND ADMINISTRATIVE POWERS OF THE INSPECTOR
(Articles 40-43)
PART VIII: PENAL PROVISIONS
(Articles 44-45)
PART IX: COUNCIL OF THE FUNDS OF OCCUPATIONAL RETIREMENT PROVISION
(Article 46)
PART X: COOPERATION WITHIN THE EUROPEAN UNION
(Article 47)
PART XI: WINDING UP, LIQUIDATION AND BANKRUPTCY OF THE FUND
(Articles 48-49)
PART XII: FINAL PROVISIONS
(Articles 50-56)
The present Law repeals the following Laws:
- N° 44 of 1981, 150 of 1986, 23(I) of 1995, 130(I) of 2002 and 75(I) of 2005 on Welfare Funds
- N° 146(I) of 2006 and 81(I) of 2007 on the Establishment, Activities and Supervision of Funds for Occupational Retirement Provision.
Basic Text region
Basic text(s)
2003-06-03 (EEU-2003-DI-65092)
Directive n° 2003/41/CE du Parlement européen et du Conseil du 3 juin 2003 concernant les activités et la surveillance des institutions de retraite professionnelle.
Amending Text region
Amending text(s)
2014-07-25 (CYP-2014-L-100709)
Law N° 111(I) of 2014 amending the Law on the Establishment, Activities and Supervision of Funds for Occupational Retirement Provision (Amendment).
Repealed Text region
Repealed text(s)
1981-10-09 (CYP-1981-L-10882)
Act No. 44, to govern the establishment and operation of provident funds and the affiliation of their members.
Repealed text(s)
1995-03-17 (CYP-1995-L-40625)
Law No. 23(I)/1995 to amend all laws on the Treasury of Care (Provision).
Repealed text(s)
2002-07-19 (CYP-2002-L-63244)
Act No 130(I) of 2002 to amend all acts concerning the State Provident Funds.
Related Text region
Related text(s)
2002-07-19 (CYP-2002-L-63246)
Act No. 133(I) of 2002 on equal treatment for men and women with regard to occupational pension plans.
Related text(s)
2010-07-02 (CYP-2010-L-86413)
Law No. 59(I) of 2010 on Social Insurance [consolidation of Acts from 1980 to 2009].
Related text(s)
2010-11-26 (CYP-2010-L-86464)
Law No. 114(I) of 2010 amending the Law of 2010 on Social Security.
Related text(s)
2010-12-23 (CYP-2010-L-86736)
Law No. 126(I) of 2010 on Social Security (Amendment)
Related text(s)
2009 (CYP-2009-L-92804)
Act No. 40(1) of 2009 amending the Act on equal treatment for men and women with regard to occupational pension plans.
Related text(s)
2012-02-17 (CYP-2012-L-99983)
Law N° 2(I) of 2012 amending Laws N° 59(I), 114(I) and 126(I) of 2010 on Social Security (Amendment).
Related text(s)
2012-04-12 (CYP-2012-L-100047)
Law N° 37(I) of 2012 amending Laws N° 59(I), 114(I) and 126(I) of 2010 and N° 2(I) of 2012 on Social Security (Amendment N°2).
Electronic region
Electronic source title
Text in Greek
Publisher
Tipografio Kipriakis Dimokratias
Place of publication
Nicosia
Country
Cyprus
URL
http://www.mof.gov.cy/mof/gpo/gpo.nsf/dmlindex_gr/dmlindex_gr?OpenDocument
Page range
pp. 2116-2156
File
CYP100704 Grk.pdf (PDF of Official Gazette in Greek)
Serial region
Serial title
Epissimi Efimeris
Date
2012-12-28
Volume
Part I(I)
Number
N° 4373
Page range
pp. 2116-2156