The Scheme is approved by the Commissioner of Taxation as an approved Scheme under the Taxes Ordinance 1997 that allows members to take advantage of the tax concessions available to such Schemes.

The aim of this booklet is to provide you with a simple guide to the Scheme and its benefits. The use of technical terms has been kept to a minimum but it is impossible to avoid them altogether. These technical terms are indicated in underlined text and you will be presented with a description of these words or phrases by clicking on them.

This booklet section is produced to help you understand the Scheme and is not the official or legal authority for it. The Scheme is constituted by the Falkland Islands Pensions Scheme Ordinance 1997 as amended (the Ordinance) and associated Regulations which may be inspected at the Treasury by contacting the Pensions Officer. In the event of any discrepancy between this booklet and the Ordinance and Regulations, the latter will prevail. References to the relevant sections to the Ordinance are quoted, for example membership of the Board is Section 5. No specific references are made in this booklet to any Regulations made under the provisions of the Ordinance.

The Pensions Officer, located at the Treasury, can provide you with additional information or help to answer any questions you may have after reading this booklet section.