PART III
INSURED PERSONS AND CONTRIBUTING EMPLOYERS
-Insured 6.(1) Every person who is a member of the existing Fund shall be an
persons insured person under this Act.
(2) Every person who is self employed or who is employed in the
private sector, other than in a body which is a parastatal organisation
under the Parastatal Pension Fund Act, 1978, shall be registered as an
insured person,
(3) Every non-pensionable employee in the Government service and
parastatal organisation shall be registered as an insured person.
(4) The Minister may by order in the Gazette, provide for the conditions
and procedure under which any person who is not eligible to
become an insured person may so become.
(5) The Minister may by order in the Gazette-
(a) declare any employees or category of employees to be registrable
as insured person;
(b) declare any employer or category of employers to be contributing
employers.
(6) Where the Minister-
(a) makes an order under paragraph (a) of subsection (5) every person
who on the commencement of the order is, or who subsequently
becomes an employee to whom the order relates shall
be registered under this Act and upon such registration shall
become an insured person,
(b) makes an order under paragraph (b) of subsection (5) every
person who on the commencement of the order is, or who subsequently
becomes an employer to whom the order relates shall
become a contributing employer and shall register as such.
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(7) Notwithstanding any other category which may be declared under
sub-section (5) the Minister may declare categories of employees or of
employers by reference to the number of employees in the service of
an employer and may exclude from such number any category of
employees.
(8) Where an order is made under paragraph (a) of sub-section (5)
the Minister may by the same or a subsequent order appoint a date
upon which sections 11, 12, and 14, of this Act shall apply in respect of
the insured persons registered under that order.
(9) For the purposes of this section-
''private company'' means a company which restricts the right to transfer
its shares, limits the number of its members to fifty and prohibits any
invitation to the public to subscribe for any shares or debentures of
the company.
"private sector'' means any body, corporate or un incorporate, including
a private or public company and a non governmental organization,
fifty percentum or more of whose shares are not owned by the government
or in which the government has no control or influence.