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Universal pension (also referred to as "demogrant", "categorical pension" or "citizens pension") is a pension where the only criteria for receiving it is age and citizenship, resp. residence. Some countries are specifying these criteria further, like The Netherlands which requires 50 years of residency between ages of 15 and 65 for a full ...
The ministries of Jamaica are created at the discretion of the prime minister of Jamaica to carry out the functions of government. As of 2016, the prime minister is Andrew Holness . The agencies of Jamaica are created by both parliamentary law and assigned to ministers to oversee.
It was founded in the year 2001 under the Financial Services Commission Act of 2001. The FSC has the responsibility of regulating and supervising any of the country's institutions that engage in non-deposit-taking financial services in relation to insurance, acquisition or disposal of securities and units under a registered unit trust. [1] [2]
From 1863, the Colony of Jamaica included the Cayman Islands and from 1874, the Turks and Caicos Islands. [32] Jamaica became a crown colony in 1866 and its administration and legislative authority were transferred to the crown. [56] In 1911, at the Imperial Conference a decision was made to draft a common nationality code for use across the ...
Air Jamaica Ltd v Charlton [1999], UKPC 20, is an English trusts law case concerning resulting trusts. In this case, Lord Millett expressed the view that a resulting trust arises due to the absence of intention to benefit a recipient of money.
Although people are generally free to set the terms of trusts in any way they like, there is a growing body of legislation to protect beneficiaries or regulate the trust relationship, including the Trustee Act 1925, Trustee Investments Act 1961, Recognition of Trusts Act 1987, Financial Services and Markets Act 2000, Trustee Act 2000, Pensions ...
There are two types of personal pensions – the stakeholder pension where is required to meet some government limits and self-invested personal pensions where participants make decisions themselves about investment in their pension fund. [8] The Pensions Act 2012, and amended in 2014, requires all employers to automatically enroll their ...
The Constitution of Jamaica is the collection of laws made by the government.It is the supreme law of Jamaica. [1]It was drafted by a bipartisan joint committee of the Jamaican legislature in 1961-62, approved in the United Kingdom and included as the Second Schedule of the Jamaica (Constitution) Order in Council, 1962 under the West Indies Act, 1962.