Singapore legislation

Clause 6

of Redundancy Payments Fund (Dissolution) Bill

Clause 6

Payment out of Fund in respect of deceased members

(1)

Where a member of the Fund dies before any payment is made under section 4 or 5, the Director shall pay to the person nominated by the deceased member under section 11(5) of the Redundancy Payments Fund Act (Cap. 266) in force immediately before the appointed day to receive in his own right the amount standing to his credit in the Fund.

(2)

Where any amount standing to the credit of a member in the Fund cannot for any reason be paid out under subsection (1) or section 4, the Director shall pay that amount to the Public Trustee for disposal in accordance with any written law for the time being in force.

(3)

When all the moneys standing to the credit of a member of the Fund have been paid to the person nominated by him or the Public Trustee under this section, no person shall have any further claim against the Fund.

(4)

The receipt of the person nominated by a member of the Fund or of the Public Trustee shall be a discharge to the Director for such portions of the moneys payable out of the Fund under this section.