← belizelaw.ai · Belize Marketing And Development, Cap. 281 · PART II — Establishment, Objective, Powers, Functions etc., of the

Establishment, etc., of Pension Scheme, etc

Cap. 281, s. 4A · Revised Edition 2020

The Corporation may provide for the establishment and maintenance for the benefit of its officers and employees of a Pension Scheme, or Provident Fund Scheme, and without prejudice to the generality of the foregoing, such schemes may enable the Corporation to, (a) grant gratuities, pensions or superannuation allowances to, or to the surviving spouses, families or dependants of, its employees and officers; Belize Marketing and Development Corporation 11 (b) establish contributory and superannuation schemes and establish and contribute to superannuation funds for the benefit of its employees and officers; (c) enter into and carry into effect agreements for securing to any such employees or officers, surviving spouses, families or dependants, such gratuities, pensions or allowances as are by this section allowed to be granted.
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