sec.65Decision of scheme manager

sec.65 Decision of scheme manager

The scheme manager must decide to authorise or not to authorise payment of the costs and expenses from the scheme fund. The scheme manager must decide to authorise payment of the costs and expenses unless the payment would adversely affect the financial viability of the scheme fund. If the scheme manager decides to authorise payment of the costs and expenses, the scheme manager must give the amount of the costs and expenses to the requesting entity. (sec.65-ssec.1) The scheme manager must decide to authorise or not to authorise payment of the costs and expenses from the scheme fund. (sec.65-ssec.2) The scheme manager must decide to authorise payment of the costs and expenses unless the payment would adversely affect the financial viability of the scheme fund. (sec.65-ssec.3) If the scheme manager decides to authorise payment of the costs and expenses, the scheme manager must give the amount of the costs and expenses to the requesting entity.