The definitions in section 1(1) of "actuarial surplus", "contingency reserve account", "contribution holiday", "defined benefit category of a fund", "employer surplus account", "fund return", "member surplus account", "minimum individual reserve" and "surplus apportionment date", and sections 14A, 14B, 15B, 15C, 15E, 15F and 15K, are deemed to have come into operation on 7 December 2001, for funds whose surplus apportionment schemes have not been approved or whose nil returns referred to in section 15B(11)(b) have not been received by the registrar: Provided that—

the registrar must inform such funds of the instances where their schemes or nil returns do not comply with requirements of the Act and grant the funds a reasonable period of time to review and resubmit their schemes or returns for approval or noting.