Singapore legislation
Clause 3
Clause 3
New section 13B
The principal Act is amended by inserting, immediately after section 13A, the following section:“Voluntary contributions13B.—
Notwithstanding anything in this Act but subject to any regulations made under section 77 —
a person in respect of whom no contribution is required to be paid under this Act or the regulations made thereunder may contribute voluntarily to the Fund in such manner and at such rate as the Minister may direct; and
the Board shall credit every contribution received under paragraph (a) into an ordinary account, a medisave account or a special account, for the purposes specified in section 13(1), in such manner as the Minister may direct, and the Minister may give different directions in respect of different classes of members.(2) Every contribution that was received by the Board before the date of commencement of the Central Provident Fund (Amendment) Act 1998 from a person in respect of whom no contribution is required to be made under this Act or the regulations made thereunder shall be deemed to have been validly received, and every ordinary account, medisave account and special account that was maintained by the Board for that person before that date shall be deemed to have been validly maintained.”.