%PDF-1.4
%“Œ‹ž ReportLab Generated PDF document http://www.reportlab.com
1 0 obj
<<
/F1 2 0 R /F2 4 0 R /F3 5 0 R /F4 6 0 R
>>
endobj
2 0 obj
<<
/BaseFont /Helvetica /Encoding /WinAnsiEncoding /Name /F1 /Subtype /Type1 /Type /Font
>>
endobj
3 0 obj
<<
/BitsPerComponent 1 /ColorSpace /DeviceGray /Filter [ /ASCII85Decode ] /Height 23 /Length 223 /Subtype /Image 
  /Type /XObject /Width 24
>>
stream

            003B00 002700 002480 0E4940 114920 14B220 3CB650
            75FE88 17FF8C 175F14 1C07E2 3803C4 703182 F8EDFC
            B2BBC2 BB6F84 31BFC2 18EA3C 0E3E00 07FC00 03F800
            1E1800 1FF800>
            endstream
endobj
4 0 obj
<<
/BaseFont /Helvetica-Oblique /Encoding /WinAnsiEncoding /Name /F2 /Subtype /Type1 /Type /Font
>>
endobj
5 0 obj
<<
/BaseFont /Helvetica-Bold /Encoding /WinAnsiEncoding /Name /F3 /Subtype /Type1 /Type /Font
>>
endobj
6 0 obj
<<
/BaseFont /Helvetica-BoldOblique /Encoding /WinAnsiEncoding /Name /F4 /Subtype /Type1 /Type /Font
>>
endobj
7 0 obj
<<
/Contents 17 0 R /MediaBox [ 0 0 595.2756 841.8898 ] /Parent 16 0 R /Resources <<
/Font 1 0 R /ProcSet [ /PDF /Text /ImageB /ImageC /ImageI ] /XObject <<
/FormXob.c7485dcc8d256a6f197ed7802687f252 3 0 R
>>
>> /Rotate 0 /Trans <<

>> 
  /Type /Page
>>
endobj
8 0 obj
<<
/Contents 18 0 R /MediaBox [ 0 0 595.2756 841.8898 ] /Parent 16 0 R /Resources <<
/Font 1 0 R /ProcSet [ /PDF /Text /ImageB /ImageC /ImageI ] /XObject <<
/FormXob.c7485dcc8d256a6f197ed7802687f252 3 0 R
>>
>> /Rotate 0 /Trans <<

>> 
  /Type /Page
>>
endobj
9 0 obj
<<
/A <<
/S /URI /Type /Action /URI (https://www.fsca.co.za/Enforcement-Matters/Publications%20and%20Documents/Decision%20-%20D%20J%20Malherbe%20v%20EPPF%20-%20Eskom%20Holdings%20SOC%20Limited%20and%20PFA.pdf)
>> /Border [ 0 0 0 ] /Rect [ 29.34646 740.1918 430.793 753.6918 ] /Subtype /Link /Type /Annot
>>
endobj
10 0 obj
<<
/Annots [ 9 0 R ] /Contents 19 0 R /MediaBox [ 0 0 595.2756 841.8898 ] /Parent 16 0 R /Resources <<
/Font 1 0 R /ProcSet [ /PDF /Text /ImageB /ImageC /ImageI ] /XObject <<
/FormXob.c7485dcc8d256a6f197ed7802687f252 3 0 R
>>
>> /Rotate 0 
  /Trans <<

>> /Type /Page
>>
endobj
11 0 obj
<<
/Outlines 13 0 R /PageMode /UseNone /Pages 16 0 R /Type /Catalog
>>
endobj
12 0 obj
<<
/Author () /CreationDate (D:20250601230659-02'00') /Creator (\(unspecified\)) /Keywords () /ModDate (D:20250601230659-02'00') /Producer (xhtml2pdf <https://github.com/xhtml2pdf/xhtml2pdf/>) 
  /Subject () /Title () /Trapped /False
>>
endobj
13 0 obj
<<
/Count 2 /First 14 0 R /Last 14 0 R /Type /Outlines
>>
endobj
14 0 obj
<<
/Count -1 /Dest [ 7 0 R /Fit ] /First 15 0 R /Last 15 0 R /Parent 13 0 R /Title (FST case summary involving Malherbe and Pension Fund Adjudicator & others \(Pension Funds Act\))
>>
endobj
15 0 obj
<<
/Dest [ 7 0 R /Fit ] /Parent 14 0 R /Title (FST case summary involving Malherbe and Pension Fund Adjudicator & others \(Pension Funds Act\))
>>
endobj
16 0 obj
<<
/Count 3 /Kids [ 7 0 R 8 0 R 10 0 R ] /Type /Pages
>>
endobj
17 0 obj
<<
/Filter [ /ASCII85Decode /FlateDecode ] /Length 2842
>>
stream
Gb!;egMZ%@&q0LUeC.S7GW<?CZ;8ci(eKfpA7GYn#J[XeVUT*^PjYCP!VuMml6[rWP&37I$*YYiZ:V(-/uS!)dWj^0b;2BS)W6AsI(8d`o3kdR(HN]jIt>qhX$?+8_Vpd3=!-j6=oYs:3I)77;3C$UiC>V\9.rq_Oef-%Vb-,C5(%+Kre%C=Y.X`j5BVQ3%V&$bfC?0i+F>_#T'Ksm#>X2I@0Ub#e_oJ:i:mmP60^k;T>5gN\)^A7f=Q\H%Xu%0Dh%D*3&,B8#i<1R9E.+8me!+HBs'O#)@#uWNi[P:Jiq@&kE[uM&Nu%BfHZs.*,8f#%?$9a]rf5f5Q?34%[LI0!LM[BI/_uX4+FWK\.]<eEks68kOM4**.DWZY:?g>%K>lZe+q"2CAAl=D"E%;m5W!/Hbjdn]5J*AF5e<;n`$j!/J\"c;m8FCM*H1n#N,3L_:eQ]6RTT4LR7L\Qc!YNNV-?mcR7V*pIPdBjofC3@S!WE5nESg7[WW@-0.a>:gI?_\HgME[FLISf'k=nD7Ehj?qg[:nj\JEJNF8ODMp/R+`aGa$3,NVj'rE;(B$$V^^GHh_/6=shRusp0j\\4Qf<Fj>00mJ^cAI@+kRn1;qM961QE9,M&V'\Koqk$i$;Il-E4-3L=M7!rJ$6N\T,Q%q@2IeDK$H"<RpN9:,ULh9@ts&)pVuF,m5b*S9:!HV%fu5_(/X0"E(hoV_j"TbJ'Sh=;8CbfX-Jja7CL4LZ1j@(`C:M`q&JU`IjL&`[c/Q8_h)_r:&Ig8_C+hl#<()B3>iidWbXAP=^6`k]"Nhp*:"?\_XKe_=S.ln)6!I[QnfhDK3\XX?eN^VUf_dV%1%Hbepgf`mqM7$;MB:H#E2ZH>MopW&[,OkUeu:NjrWNa/=sB??Xh#*pW,jOqp9j<ImtEE8TgIMl;?l(Cpf4aT2pd+5?V=FS1O7n);m1><i!MR//=p])7)NI&1E^%h0WQN?3b@lf21`Vf?*7,/`]1/D"W["KqJ.]DWRKAt7SV(VCHAcuc0;iO\09s(ct"\)B0.knu*"048R4i2+)'PSUjZLj/`a\PYgfoQQV[h@e7Qn&"EAH08OD%[K>^ANTP?*.Q`P8S!iGcZnT!:2!p#cQ^7r1s]JO#,)G;0H:sR?l=Krd.R'$_hsd4$;"]^OU?2gg6,9`ZUL<e"\1bUOZ`nfdD]T0:5?lp)F+mRGPgmTR@C&"Is[Jfrb[h9fUGrK,1N,^//-:I/=C`2+CpZ]8kgap940<TJKeL>$E2ZfNLe+M%.Al+(pe'^P-Q*+HZr,"R<.$mT//#`dH*ad9hFl-Kk*7rf8;N>p_l_Q;?\G*PF0u5$UWBBoMNT0Pp#mUSC=OCM;!D\XN&H?nRWk_\mHl!*C,'EpUi&7Z/YD3&U=j[ZXA<>6:KH2XI;"_I2Fl^C!UcD0C?GBeREU=RQV_8W"(hgd3+H*'K^YTG7>luFXr-F+K^Mb(c$0j7rD)^R-AdT&)j5%oduN)/^T[;ESdA/]quX_98)N@fW0'*)e:TPni-3K';e&NVl`1+P(954$<ksW`l'ch>Luhj=*BfUSGJCk#U5`Y,9BrY)H$#P/eLMH;9gY&m<flj!GdYg5.7$3dj1VL,&7>tJ8-@$6j;67l^G`t>9gS=0fPi8AO@im?<**tj^j8cS=eSE0%7S(jrbXJ+8=tI9#B3Or)!e>HPL@.Rr`Hnd>m6<^gshq#3IJVTVlotg;R\`(5li.qp.C\$Zab_L4D"n"OLl_,&PAoB@:XsB<"uWAac=%fQc1:J1d#TP,JZ;SZ)1P`;Bt/0ZZ1HY.:8b`%pt#!EK<ET0aFN\F6khfA%,[Hg#"/)ebUk2L*T+g.$(!MiSX6QA4((os<^pE?QsG#rZeqH80oTd:027?u"/1g,[=H,'"eQYGuiRVKjDu$JuENKgBrJ#%(3fdhJ5[i&A$:bYq"ZY!aQm9fKus=`)E*mmjsXT?h3=G56GJ?fa_M<6*OIUj0n4LZPoCZtZ7-l@T9uEeH+PS\9aRrr9kOlDD97L*p3(GJ8d&ZXtXs:!H/k5\6T#@Y?`t?8n*>(^-=*(t[q3ru+pbGS3nuUWb\K$u-U_`8q(h%:G_JjlD(\.912Am\\N"roa^86NgVu!lWfo`j(3'9qhf3rR@t&!;DY$IXOT0M8*2AB@Zq<JJ7g0QbKlgL0`N`(SjZme+8^Lf?apP5"q=B,0cSr,Ti.e#TZG;*OdjKq-#1`:dPf#mBik9(.FAA":]nuKiJop/lHLa?HV7-"#lLSlf.P91+/N-B5u\qS1@%Vm&8OV6/%A#WsO#Z<8.\a@2.bad`TF?'s.r,&^F/]fc6PR\NXF]]?L<dh&@km#)gP*=s@n>BPdkfX>P>e<SesVLZrW$VH;?h?R)#C3YcAq+Z$TG:cuch^\klSfHXaos'[s,rnhLGHDe`.U*cl8Y*G''9up&G3)2)D670#ALdFW?lIEW#R\VsJH56YH)5#9^:%O#+qt@L3(*P*Z'A=JYJ^YXW$ZLS:G)X=Zo[VP;#OW*1f+Aij$Be.\4klCk?k*`j368Y[lsuMgN(Hl)/,fAcYrJ@(/U4qCEPK5``NF-?7o;kJf51Kd\;^bk;<Xp+V9W5?5UJi4Z2Rt.5s4fjT7kcn>/<$;en3%3+K8!Pc9*f+aIG'*bo!/ShgfG7VfT!tEt4=bj't`LD9F`UZQN!F_t4>j@'No/]+Y<@P?2$uV)p/P^..2GXjY@>ksF,Ac)VHQrR#3nmKL8^J,0ACh^!1@h(m+'P&3-Va.:9\h:T1W3CWON35:r;AR$cgNI*_IXA]?V)O$*`OI/*+c%KBPH)Y_dcd`52LXQ&=Yj2ZD]G:jF2g&Bm-_=(@$Wm?17oJu2~>endstream
endobj
18 0 obj
<<
/Filter [ /ASCII85Decode /FlateDecode ] /Length 2550
>>
stream
Gb!;e968iG&AJ$Ci+AgL0RQ*R;u1IfREhVqkg4r8&.+4b8O<GKX8;SH"o+<qR808I)pLbb#m-$'^\r<lG)-SL8,o2^KRC6TDsn\*\7D'Ba1$H%rK[;j^%hdQRuEuH\p8WMAG)kQ=_Zs;6'eBfjout<F!lfH(<*^$`_l..0)7fgr!o>p2bpiN)dAmUqB:]Chm.[V_th<m%XI*%4'!!k?5/L]l7:M;1[HQ4X<_o/[N^`E"h5;\3?,0nDC9I#2GM"Y`MsrBY6h<e_J:?`3j>t7+t(E_Vo>-,AG_L*M#Q+WdpKf%F,0QLpDZ`n?Zl+`Fh47c6H4.=5nu"nPe>uJT$XRu9uA_aEk:9WDbd)?H9A5<V)U4*NX32<L>D9t%3O>@?a72i(@2m=M:a\Mf<@0h_maBXAqGlH5*8gOZ?Znod^%-)]qhBLXr9kNG,r4;BBE@2*=#/&[`;hP>`)-L\77D>Gs`)67!Bq=6[W?nOKb#gST62U33ltu;Z/T.Q>H>Y[rl:f#SRm%VF>E^Xj*N(BOU4>d";(9as97Am^=2JS2ZsdN4HB8"j^`IN16t[q1bB)lQnh.U4Lp1\cnQZ!29\CL`6#8CJ_T2<"r$\_=/LRX;J()`d1$.LPUYbre;:aPnF)!SoT$1CgV]&TcH/2<!.U0WaM7&(:#V&SfR0Y5o.JF*QRIggIf1qCKcm)@"^B@7>c.D`A6Hk540951i<OF'g+Mm6LS-aPjntePHsQNX#da?MNfGjbK`@?^A#Rq]S+s;:Ms2%K-iCX+cO3>3W(j7R;$B.Be!X_JXPT?RpqfPX2,=0pt:%CdNO(p461*/d)2R<.>?u<BN%$'&tge#V-'-q5QZ=tgk&1d`$YcoK1(^SVOaWP(?V4G26Bu+qH!&,!H9S;N'0,H\DP`+jLt<7\L5sY(E8D+molK:--M;+.4-,r@,6B\W=@o23Q)Jr>!j,-S]k'3V),#R&BnE>D_ghJl\,fGJUVtUMpho1e*cWEP%<'+,FS;/l^B>s+Q"!N3A:KoF!Mn[cnfXLcCBi>;/<SV"b,qEN1'4So7oGE3OWk0't`AkhSY@IKT)$TjjFaLXr7c^3FNYnl/IdVjoT7ZpX<Pl(ODeDgEq!d?DjHh9Ml?/E',I?is<^T]Hf3"Khe;bN,CrcKc?6>LL5Z6A/>!;f#fiD)s1Z_"7rY4X4)U`\"X\47a2-9E7MUlkgjM)n.YQX=^ZN`*sB^7,l#?'\,bBPaSdOorg7Go%NR#:g$r5^-m7:N\]ApL:`Agbi%=N+33idjp;Vrh(+Ps44CfR?3J$@/05,g6"tQT;NXo#ME0Me-rKpC1N+bG,&*hR3]07%(JS&o/>V[k/1k@$USPu5O&h5W#dC(lL7d607p(A?F9ZOpYTO*gLAU28k;.nJo`CjO/.%]OFZ"H2gH&7!=Ba"Wu:;eTV$3l<t4;!g%18KiK,6flk3Q&*a(D>$7%eck*G/0?+PWfV%MgWme63XT[:l/f,0Q7'h)(@jDpg,JD\<QYt^M0%O[:C[gAsi[l>aS46OenCHg6\(!VnEpo:kSfslZqF-iQLi.[Cj;8nG5_qW/"&s12nc]K$\?jCK%pc,@.=RVX4a:>;,j3IcCjMe@`h*CpD!I5Jp_!,2J&2$Ft<m7BZ>/qn'\5k5bW!fL\\],d_CqJK5s#$VbSof[jA&@pSFb%Xf#;9sJg*8'M3263mhc#GSrKi>4WA/"T8R%fL8q<GV.:)?L7l_IY3qe"FtD$BgSe:aTU+_d3D^VOr#pJNWBOA=ObKP-m>+jOd*R!*iCe;QrJ677i3#ml<88"G6rCYjjb5\L?oE'CTrBDn8=G4h9W'j2Q"M*.](D]7)a%TWFp[",K9u#6g;\Qp=MRB3:<`P+,P/glrTQ*PI[MXnM+7X-[&I\(noX=K![0:j.H+@+0/D_o#qg!FJlShMpp+;/s0E'SO:Y;[AUm6Om7X7s&?(Nqj_l5X=d@RE]HmGErDdaM-eMf5gg4m]$_&5<t.OpTOXZ$pk5Wbm%t,Ou?SglUHI)V2H?SA&B/t\l<&SQO.8m+llP=Rhcd4F._;!$SM*Y^R<)8=#&uC'nYa50@g)`Nc^n4j<^G10N:F&3"p;Q+1fneUC):n2?I>NQN68IaM/:N,D4DEZf;*E(6^>/bsbcmU\]-k?;>%Aal@WjY_fFu3F:t+6tS4]68ZLKk_%-n'1LV'YfM]<cZ.:(G9D]nE=)6CMkfK^Z]DCO<*+%`C8a/WIbr7HognPdSm1p]KB3%`<p(Lj-"!paf*A`FK\M.+1(3cJd;X?@.qe`HPl;qTefZB>,g@e,^?\7kSL$J/pidA*MZ05Im8N[h)BOq\0(SCTY5K?1Q3RQ<eX1h@NVjp*Y11(F^e"M:Ptf75e9Ath9I>:T_"TR&!N/mF4:0Q9:tb\e&&)8Yf/*9)qO>d"ftXpQ-&FP%q/Vu&_'YO1Y`fp='AJ5E+H/[++<Y3UeUM]1?HTi*`%Ef,A8EO'P6<$071+m_hA'Tp?.&V*hnOJMhXdXHMgmrqRc-&/JOTB5CSd*,\GFDoqH)A@4Vf!JQXipRX$nP\bs/Gc3ai~>endstream
endobj
19 0 obj
<<
/Filter [ /ASCII85Decode /FlateDecode ] /Length 749
>>
stream
Gb!<K;,>q#&BE]*.IOH7_R1C3:**&$5U_GK7aiX*K1Sb+/[6I=JF1hSS,u+uChRbNUr^9Vc[YtB(BtS5%H!l\365Nk112*mCLD`"a>5g"8%3.GG#gGp8S[#BX1]^2'QI4j79oC;;UI?pUb64PGneG;*cdY&d:]i@&UQX"a!;4YL`iRZn0A9e^0R,B521B[%XV5)8K<GG2hOFg68((`qR2R@p"P&fMFk>`q)<d>,&+i;#kp"$1IfaaI)L2c.4-Kn9"E,g>cfr/\h7FU[&u]_'##chb,TAfB%n9Z.T]aTR4I5+c>;Z%IJ$O.6,<qkA)NRuYSrGM*\=3;@l7T<VDqE_DH*Ze7Dk_pP8Crep]a>.91$UQ6^ch5la;MtH=3Z%kT@%mgL?p=%1@#6mnS4.rlK%8Ak;1g&[G&:Ym63R*-k)4O[],0,%pAA-j(YX?9ujpWi[;)\qAe,[DIhDpU,24*sb$BkRr/\UihbB^I7!r^=momY_\J3j-AGWXc.n]hGcpdUZqm+d)T'ph+"jZnu/rt23,?Dbko!'8e;"qA1(cRA\NlY0Ec3#\57<\U"/okE4Y\,kZ?buE80Xi:S+$RnpacV^*!u:I12:W,*8DN2KF7'1,oP2P&Q*)J=qi,JH2<I2(X6,_B`RmhgdiK`=qHq0,s\`I9hKS%h@$!%WboT6P]%,,=DICB08D0;cP(".ui$h(Q/uo*Hp=W"37i&/$nYOGrC;VC8q:\^'D+@X3b8H$W<gekl~>endstream
endobj
xref
0 20
0000000000 65535 f 
0000000073 00000 n 
0000000134 00000 n 
0000000241 00000 n 
0000000640 00000 n 
0000000755 00000 n 
0000000867 00000 n 
0000000986 00000 n 
0000001254 00000 n 
0000001522 00000 n 
0000001844 00000 n 
0000002131 00000 n 
0000002218 00000 n 
0000002471 00000 n 
0000002545 00000 n 
0000002745 00000 n 
0000002908 00000 n 
0000002981 00000 n 
0000005915 00000 n 
0000008557 00000 n 
trailer
<<
/ID 
[<0f7e39aaa146185f57689e3f7837acb3><0f7e39aaa146185f57689e3f7837acb3>]
% ReportLab generated PDF document -- digest (http://www.reportlab.com)

/Info 12 0 R
/Root 11 0 R
/Size 20
>>
startxref
9397
%%EOF