Posts tagged FNPF

NEW REGULATIONS OPEN UP HOUSING ASSISTANCE FOR THOUSANDS OF FIJIANS

New regulations, enacted this week by Prime Minister Voreqe Bainimarama, make housing assistance available to thousands of FNPF members who live on communally-owned land, supporting Government’s policy to give ordinary Fijians greater access to housing.

“Providing access to housing is one of my Government’s top priorities,” said the Prime Minister. “This new policy will allow thousands of Fijians the opportunity to build a new home or renovate an existing one,” he said.

The “Fiji National Provident Fund (Housing Finance Assistance) Regulations” allow an FNPF member who lives on any communally-owned land to apply for assistance to construct, renovate, or extend his or her house.

Previously, this housing assistance was available only to those FNPF members who lived within the boundaries of an iTaukei village as defined by the iTaukei Affairs Act, excluding Fijians wanting to build a home on communally-owned land outside of the village-proper, as well as Fijians living in non-iTaukei villages.

“Now, under these new regulations, housing assistance will be available to all Fijians who live on any piece of land that is communally owned, or owned in partnership with others,” said the Prime Minister.

“Not only does this policy support Government’s goal of access to housing for all Fijians, it is also in line with the right to housing provided for by the 2013 Constitution,” he said.

The housing assistance scheme allows an FNPF member to withdraw funds from his or her FNPF account to renovate, extend or construct a house that is occupied – or will be occupied – by that member.

Fiji Prime Minister Voreqe Bainimarama receives new FRCA FNPF card

PM Receives His Joint ID Card: FNPF and FRCA

Prime Minister Commodore Voreqe Bainimarama received his joint Fiji National Provident Fund (FNPF) and Fiji Revenue and Customs Authority (FRCA) card today.

FRCA chief executive officer, Jitoko Tikolevu, while responding to PM’s queries about the process and the rationale behind the need for such a card, reassured Commodore Bainimarama that tax information would not be divulged and would remain confidential.

“The tax information of individuals and companies will not be released to FNPF, that’s not a data we will be sharing as that information is confidential to FRCA but for other information, members can use just one card to access that and use it for identity purpose as well,” he said.

FRCA treats tax information of individuals and businesses as confidential.

Mr Tikolevu told Prime Minister Bainimarama that there were some individuals who had abused the Tax Identification Number letter which was one of the issues the card would address.

He said this card would also bring Fiji in line with other countries of the world, such as the United States, where they had social security number.

However, the card holders will have to go to the respective institutions to get their information, that is, tax information can only be obtained at FRCA and likewise for FNPF.

Application forms are now available with FRCA having started the registration process and FNPF will follow soon.

Mr Tikolevu said this project did not require the two institutions to fork out extra funding because all resources and manpower were already in place.