Clause 3

by deleting subsections (1), (2) and (3) and substituting the following subsections:“(1) The affairs of the Corporation shall be managed by a Committee of Management.(2) Each of the following persons shall ex-officio be and be entitled to act as a member of the Committee of Management (referred to in this Act as an ex-officio member) if he is eligible for membership of the Corporation, whether or not he is a member of the Corporation:

every Chinese Member of Parliament who is a Teochew;

a representative of the Singapore Chinese Chamber of Commerce and Industry who is a Teochew and is the President or a Vice-President of the Singapore Chinese Chamber of Commerce and Industry;

a representative of the Singapore Teochew Poit Ip Huay Kuan who is the President or a Vice-President of the Singapore Teochew Poit Ip Huay Kuan; and

a representative of the family of the late Seah Eu Chin who is nominated by his descendants.(3) The members of the Committee of Management (other than the ex-officio members and the first members of the Committee of Management referred to in section 8) shall comprise —

20 persons elected from the members of the Corporation (each referred to in this Act as an elected member); and

not more than 5 persons co-opted by the Committee of Management from the members of the Corporation (each referred to in this Act as a co-opted member).”;

by deleting subsection (5) and substituting the following subsections:“(5) If any person entitled to act as an ex-officio member ceases to hold the public appointment or appointments specified in subsection (2) entitling him so to act —

he shall cease to be a member of the Committee of Management; and

any vacancy in the Committee of Management thereby created may be filled by another person who holds that public appointment, is eligible for membership of the Corporation and is elected by the Committee of Management.(5A) If any person entitled to act as an ex-officio member is unable or refuses to accept appointment or to act as an ex-officio member —

he shall cease to be a member of the Committee of Management, notwithstanding that he may continue to hold any public appointment specified in subsection (2); and

any vacancy in the Committee of Management thereby created may be filled by another person who holds that public appointment, is eligible for membership of the Corporation and is elected by the Committee of Management.”;

by deleting subsection (6) and substituting the following subsections:“(6) Every elected member of the Committee of Management —

shall retire from office at the second Annual General Meeting of the Corporation held next after he became a member of the Committee of Management; but(b)shall be eligible for re-election, or to be co-opted by the Committee of Management appointed, at the Annual General Meeting of the Corporation at which he retires.(6A) Every co-opted member of the Committee of Management —

shall retire from office at the Annual General Meeting of the Corporation at which the elected members of the Committee of Management which co-opted him retire from office under subsection (6)(a); but(b)shall be eligible for election, or to be co-opted by the Committee of Management appointed, at the Annual General Meeting of the Corporation at which he retires.”; and

by deleting the word “If” in the 1st line of subsection (9) and substituting the words “Subject to subsections (5) and (5A), if”.