Clause 9

by inserting, immediately after the words “every member” in subsections (1), (2)(b) and (4), the words “of the Edusave Pupils Fund”;

by inserting, immediately after the words “eligible member” in subsections (2)(a) and (3), the words “of the Edusave Pupils Fund”;

by deleting the words “prescribed under” in subsection (2)(b) and substituting the words “referred to in”;

by deleting the word “prescribe” in subsection (4) and substituting the word “determine”;

by inserting, immediately after subsection (5), the following subsection:“(6) In this section —“eligible member of the Edusave Pupils Fund” means any member of that Fund who is eligible for the payment of the prescribed amount of contribution under subsection (1);“prescribed school” means —

an institution for providing full-time primary or secondary education, being —

a school organised and conducted directly by the Government;

a school specified in any order made under section 3(1) of the School Boards (Incorporation) Act (Cap. 284A); or

a school which —

is established by any person other than the Government; and

is conducted by a committee of management which is in receipt of a grant-in-aid from the Government for the defraying of the expenses incurred for conducting the school; or

such other educational institution as may be prescribed.”; and

by deleting the marginal note and inserting the following section heading:“Contributions and interest to be paid to members of Edusave Pupils Fund”.