Singapore legislation
Clause 11
Clause 11
Amendment of section 11
Section 11 of the Principal Act is hereby amended —
by deleting subsection (2) thereof and substituting therefor the following: —“(2) A member of the Fund, or a committee of his person or of his estate appointed under the provisions of the Mental Disorders and Treatment Act (Cap. 162), shall be entitled to withdraw the sum standing to the credit of such member in the Fund at any time after the Board is satisfied that such member —
has attained the age of fifty-five years; or
not being a citizen of Singapore, has left or is about to leave Singapore and the States of Malaya permanently with no intention to return thereto; or
being a citizen of Malaysia has left or is about to leave Singapore permanently for the States of Malaya in such circumstances as the Minister may approve; or
is physically or mentally incapacitated from ever continuing in any employment; or
is found to be of unsound mind.(3) A member of the Fund who has withdrawn any money from the Fund on the ground that he has attained the age of fifty-five years shall not be entitled to withdraw from the Fund on the same ground more than once in any period of five years unless he satisfies the Board that he has been unemployed throughout the period of six months immediately preceding the date he makes an application for the withdrawal of any sum of money standing to his credit in the Fund.”; and
by renumbering subsection (3) thereof as subsection (4).