Schedule 2

SECOND SCHEDULE(Sections 7(2), and (5) and (6), 11(3) and (4)).Singapore Assets Authorised for Deposits and Insurance Funds

1. Securities of which the principal or interest is charged directly or by way of guarantee on the Consolidated Fund.

2. Debentures or other loans issued under the authority of any written law by any authority or body established by any written law to discharge, otherwise than with a view to profit, any functions of a public nature (including the provision of public utility and similar services).

3. Shares in, or debentures or other securities of, a body incorporated in Singapore which are listed by the Malaysian Stock Exchange.

4. Shares in, or debentures or other securities of, a society registered under the Co-operative Societies Ordinance.

5. Estates or interests in land in Singapore, and, up to the value of that security, loans secured on any such estate or interest.

6. In relation to any insurer, any loan secured on a life policy of the insurer, but only up to the value of that security (calculated in the prescribed manner), and only if the policy is a Singapore policy and the principal and interest of the loan is payable in the currency of Singapore.

7. Any currency of Singapore, and any amount payable in that currency which is held on current account or deposit in Singapore with a bank licensed under any written law for the time being in force relating to banking.

8. Such other investments in or connected with Singapore as may be prescribed.