Singapore legislation

Clause 15

of Children Development Co-Savings (Amendment) Bill

Clause 15

Amendment of section 17

Section 17 of the principal Act is amended —

(a)

by deleting the words “any provision of Part III or of sections 77 to 80” in subsection (1)(a) and substituting the words “sections 9 and 9A or any provision of sections 77 to 80 and 84A”;

(b)

by deleting “$1,000” in subsections (1) and (1A)(a) and substituting in each case “$5,000”;

(c)

by deleting “$2,000” in subsection (1A)(b) and substituting “$10,000”; and

(d)

by deleting “$5,000” in subsection (1B) and substituting “$10,000”.

Clause 15 — Children Development Co-Savings (Amendment) Bill