Companies Act 2014 section 950

Superannuation

Section 950 provides for the establishment of pension arrangements for the Director of Corporate Enforcement and related officeholders, subject to ministerial consent. This section has since been repealed.

• The Minister may establish one or more pension schemes covering the Director of Corporate Enforcement, an acting Director, and any officers of the Director.
• Any such pension scheme requires the consent of the Minister for Public Expenditure and Reform before it can be put in place.
• The section originally re-enacted section 9 of the Company Law Enforcement Act 2001.
• Section 950 has been repealed by the Companies (Corporate Enforcement Authority) Act 2021, section 3.