Clause 15

Every employer shall insure and keep himself insured with a Singapore insurer within the meaning of the Insurance Act (Cap. 193, 1970 Ed), in respect of any liability which he may incur under the provisions of this Act to any workman employed by him:Provided that the Minister may, by notification in the Gazette, declare that the provisions of this subsection shall not apply to any employer or class of employers.(2) Any employer, who for the purpose of defraying or partly defraying the cost of insurance in respect of his liability to pay compensation under the provisions of this Act, makes any deduction from the earnings of a workman in his employment shall be guilty of an offence and shall be liable on conviction to a fine not exceeding two thousand dollars or to imprisonment for a term not exceeding six months or to both such fine and imprisonment.(3) Any employer who fails to insure himself in accordance with subsection (1) of this section shall be guilty of an offence and shall be liable on conviction to a fine not exceeding four thousand dollars or to imprisonment for a term not exceeding one year or to both such fine and imprisonment.”.