Singapore legislation

Clause 24

of Education Endowment Scheme Bill

Clause 24

Regulations

The Minister may make such regulations as are necessary or expedient for the purpose of carrying out the provisions of this Act and, in particular, such regulations may —

(a)

prescribe the amount and the manner in which withdrawals may be made by members or their parents;

(b)

provide for such information, evidence and documents that the Board may require from members or their parents who have utilised such withdrawals;

(c)

prescribe the procedure and manner of payment of voluntary contributions to the EduSave Fund for voluntary members;

(d)

prescribe the manner in which withdrawals may be made from the Endowment Fund;

(e)

provide for the disposal of amounts which are unclaimed or otherwise remained in the EduSave Fund;

(f)

prescribe the procedure of the Council; and

(g)

prescribe anything which may be prescribed.