2. Investments - continued Investment properties Transfer to/from At beginning of Fair value owner occupied period Additions Disposals adjustments properties Other At end of period Description N$ N$ N$ N$ N$ N$ N$ All investment properties were revalued on [insert date], by an independent qualified valuer who is familiar with revaluation of office towers at open market values. Housing loan facilities Housing loans At beginning Interest Other At end of of period Granted Repaid capitalised adjustments period N$ N$ N$ N$ N$ N$ Loans granted in terms of the rules of the fund and Section 19(5) of the Pension Funds Act in Namibia <Insert paragraph explaining the terms of the loan and the security given> Housing loan guarantees The fund has granted guarantees to for loans granted to members. A guarantee amounting to is renewable on (date). ……….. (Institution) N$…….. ….. The amount of the guarantee may not exceed of the cash benefit that a member would receive if he or she had to terminate membership to the fund voluntarily. ….%
2. Investments - continued Investment properties Description At beginning of period N$ Additions N$ Disposals N$ Fair value adjustments N$ Transfer to/from owner occupied properties N$ Other N$ At end of period N$ All investment properties were revalued on [insert date], by an independent qualified valuer who is familiar with revaluation of office towers at open market values. Housing loan facilities Housing loans At beginning of period N$ Granted N$ Repaid N$ Interest capitalised N$ Other adjustments N$ At end of period N$ Loans granted in terms of the rules of the fund and Section 19(5) of the Pension Funds Act in Namibia <Insert paragraph explaining the terms of the loan and the security given> Housing loan guarantees The fund has granted guarantees to ……….. (Institution) for loans granted to members. A guarantee amounting to N$…….. is renewable on ….. (date). The amount of the guarantee may not exceed ….% of the cash benefit that a member would receive if he or she had to terminate membership to the fund voluntarily.
2014%2007%2029%20circular%202014%2004%20Annexure%20to%20guideline%20annual%20financial%20statements%20%20(Incorporating%20Regulatory%20Reports)%20for%20retirement%20funds.docx