Singapore legislation
Clause 24
Clause 24
Amendment of section 68
Section 68 of the principal Act is amended —
by inserting, immediately after the words “an employer” in subsections (1)(a), (2)(a) and (3)(a), the words “or a member”;
by inserting, immediately after the words “the employer” in subsections (1)(a) and (2)(a), the words “or member”;
by inserting, immediately after subsection (4), the following subsections:“(5) In any distribution of —
any proceeds referred to in subsection (1), (2) or (4); or
any amount sought to be attached under a garnishee order referred to in subsection (3),any sum due to the Fund under section 7 or 61B(1) shall be paid in priority to any sum due to the Fund under section 61B(1A).(6) For the purposes of this section, any reference to an amount or a sum due to the Fund shall be construed as including a reference to an amount or a sum required by the Board or ordered by a court to be paid, repaid, refunded or transferred to any account maintained for a member of the Fund in respect of the moneys standing to the credit of the member in the Fund.”; and
by inserting, immediately after the word “employee’s” in the section heading, the words “or member’s”.