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293

Rules 2026 · Rule 293

Nomination (recognised provident fund)

Rules 261-310

Rule 293 lets an employee, if the trustees permit, nominate persons to receive the fund balance on death, in Form No. 184, in favour of family members where there is a family, with shares stated, guardian provisions for minors, and rules on invalidity and modification.

The rules. The nomination is in Form No. 184 (sub-rule 1). Where more than one person is nominated, the amount or share for each is specified so that the whole is covered (sub-rule 2). If the employee has a family when nominating, the nominees must belong to the family and a nomination of a non-member is invalid; if the employee has no family, anyone may be nominated, but the nomination becomes invalid if the employee later has a family, and a new one is then made (sub-rules 3 and 4). For a minor nominee, the member may appoint an adult family member as guardian, or if none, any other person (sub-rule 5). The employee may modify a nomination at any time by written notice in Form No. 184, and if a nominee dies first, that interest reverts to the employee, who may nominate again; a nomination or modification takes effect to the extent valid on the date the trustees receive it (sub-rules 6 and 7).

"Family" (sub-rule 8). For a male member: his wife, his children (married or unmarried), his dependant parents, and his deceased son's widow and children. For a female member: her husband, her children, her dependant parents, her husband's dependant parents, and her deceased son's widow and children.