Singapore legislation

Section 16

of Education Endowment and Savings Schemes Act 1992

Section 16

Applications for withdrawal from Edusave Pupils Fund

Amended by33/201433/2014

(1)

Upon an application to withdraw any sum of money standing to the credit of a member of the Edusave Pupils Fund in the member’s Edusave account for the purposes in section 13(2), the Edusave Scheme Administrator may authorise the payment of any sum that may, under this Act, be withdrawn from the member’s Edusave account —

(a)

in the case of a withdrawal for the purposes in section 13(2)(a), to the prescribed school or junior college at which the member is schooling; and

(b)

in the case of a withdrawal for the purposes in section 13(2)(b), to a person, an educational institution or any other entity that may be determined by the Edusave Scheme Administrator.

Amended by33/2014

(2)

All applications for withdrawal must be supported by such evidence as may be prescribed and by any further evidence that the Edusave Scheme Administrator may reasonably require.[14

Amended by33/2014
Section 16 — Education Endowment and Savings Schemes Act 1992