Singapore legislation

Clause 2

of Central Provident Fund (Amendment) Bill

Clause 2

Amendment of section 2

Section 2 of the Central Provident Fund Act (referred to in this Act as the principal Act) is amended —

(a)

by inserting, immediately after the definition of “employer”, the following definition:“ “flat” means a horizontal stratum of any building or part thereof, whether the stratum or part is on one or more levels or is partially or wholly below the surface of the ground;”;

(b)

by inserting, immediately after the definition of “inspector”, the following definitions:“ “interest in land” means any interest in land recognised as such by law, and includes an estate in land;“land” includes land, freehold or leasehold, or of whatever tenure, whether or not held apart from the surface, and buildings or parts thereof (whether completed or otherwise and whether divided horizontally, vertically or in any other manner), and tenements and hereditaments, corporeal or incorporeal;”; and

(c)

by inserting, immediately after the definition of “member of the Fund”, the following definition:“ “residential property” means —

(a)

any estate or interest in land comprising a house or flat which is constructed or to be constructed on land and is permitted to be used pursuant to the Planning Act (Cap. 279) or any other written law as a separate dwelling or is lawfully so used; or

(b)

any undivided share in any estate or interest in land comprising several flats erected thereon which are permitted to be used pursuant to the Planning Act or any other written law as dwellings or are lawfully so used;”.

Clause 2 — Central Provident Fund (Amendment) Bill | laws.sg