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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 11 April 2005 - onwards
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111. Preliminary disclosure certificate.

(1) Before offering to enter into a PRSA contract with a person, a PRSA provider shall furnish to that person a certificate (which shall be known and is in this Act referred to as a "preliminary disclosure certificate").

(2) A preliminary disclosure certificate shall specify the benefits and the level of them which the person referred to in subsection (1) could reasonably expect to receive from the PRSA concerned on the expiration of a period specified in the regulations made by the Minister for the purposes of this section and calculated in accordance with those regulations on the basis of projected contributions to be made during the said period and otherwise on the basis of assumptions specified in the regulations.

(3) A PRSA contract shall not be enforceable against a person until a period of 30 days has elapsed from the date on which the PRSA provider has given to that person a Statement of Reasonable Projection in accordance with section 112(2)(a).

(4) The Minister may make regul

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