Clause 9

by inserting, immediately after subsection (1), the following subsections:“(2) The President may, in making regulations under this section, provide for any Member or class of Members to opt to be superannuated according to the provident fund scheme applicable to non-pensionable employees of the Government under the Central Provident Fund Act [Cap. 36], and for the terms and conditions of such option.(3) Any Member who exercises an option in accordance with the regulations made under subsection (2) in respect of any period of his reckonable service as a Member shall be deemed to have become a future Member on the commencement of that period of service.”; and

by renumbering the existing subsection (2) as subsection (4).