Regulation C/REG.10/7/96 Approving the ECOWAS Staff Provident Fund Management Rules

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Economic Community of West African States

Regulation C/REG.10/7/96 Approving the ECOWAS Staff Provident Fund Management Rules

The Council of Ministers,MINDFUL of Articles 10, 11 and 12 of the Revised Treaty of the Economic Community of West African States (ECOWAS) establishing the Council of Ministers and defining its composition and functions;MINDFUL of Article 58 of the ECOWAS Staff Regulations directing the Heads of Institutions to establish a Provident Fund for the staff of the Community Institutions;NOTING that there had been put in place a Provident Fund for the staff of the Community Institutions;DESIRING to involve staff in the Management of their Provident Fund and to put in place adequate modalities for the operations of the Provident Fund;On the RECOMMENDATION of the eighteenth meeting of the Administration and Finance Commission held in Abuja from 15th to 18th July, 1996;ENACTS

Article 1

The Staff Provident Fund Management Committee Rules attached to this Regulation are hereby approved.

Article 2

All other contrary rules, regulations and decisions relating to the Management of Staff Provident Fund are hereby abrogated.

Article 3

This Regulation shall be published in the Official Journal of the Community by the Executive Secretariat within thirty (30) days of its signature by the Chairman of the Council of Ministers.It shall also be published within the same time-frame in the National Gazette of each Member State.
Done at Abuja, this 25th day of July, 1996Hon. Kwame PeprahChairman, for Council of Ministers.
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