Comrade Trustee Services Limited (CTSL) is the successor in law to the Defence Force Retirement Benefit Fund Board (the Board) and has been approved by the Bank of Papua New Guinea (BPNG) as the licensed trustee for the Fund. As the trustee, CTSL has ultimate legal responsibility for the prudent management and administration of the Fund. Subject to the Superannuation (General Provisions) Act 2000 (the Act) and the governing rules of the Fund the trustee has the discretion generally to do all such acts as it considers necessary or expedient for the sound administration, maintenance, investment and preservation of the Fund.