Singapore legislation

Clause 4

of Economic Development Board (Amendment) Bill

Clause 4

Amendment of section 5

Section 5 of the principal Act is amended —

(a)

by deleting the words “not less than 4 and not more than 11” in subsection (1)(b) and substituting the words “not less than 5 and not more than 15”;

(b)

by deleting “4” in subsection (2) and substituting “5”;

(c)

by deleting subsection (4) and substituting the following subsection:“(4) The members of the Board appointed by the Minister under subsection (1)(b) shall hold office for such period and on such terms and conditions as the Minister may determine, and shall be eligible for re-appointment.”;

(d)

by deleting subsection (9); and

(e)

by inserting, immediately after subsection (11), the following subsection:“(12) The First Schedule shall have effect with respect to the Board, its members and proceedings.”.

Clause 4 — Economic Development Board (Amendment) Bill