Singapore legislation

Clause 11

of Central Provident Fund (Amendment) Bill

Clause 11

Amendment of section 25

Section 25 of the principal Act is amended —

(a)

by deleting the word “If” in subsection (3) and substituting the words “Notwithstanding sections 15(5) and 20(1), if”;

(b)

by inserting, immediately after subsection (4), the following subsections:“(4A) If a person nominated by a member in accordance with subsection (1) has died at the time of payment of the amount payable out of the Fund on the death of the member, and the nominated person’s portion of the amount payable does not exceed such amount as the Minister may, by notification in the Gazette, specify —

(a)

the Board may pay to a proper claimant the whole or any part, as the Board may determine, of the nominated person’s portion of the amount payable; and

(b)

the receipt of the proper claimant shall be a discharge to the Board for the amount paid to the proper claimant under paragraph (a).(4B) Subsection (4A) shall not affect any recourse which any person may have against a proper claimant for an amount paid to the proper claimant under subsection (4A)(a).”; and

(c)

by inserting, immediately after subsection (5), the following subsections:“(6) Notwithstanding subsection (5), where a nomination made by a member under subsection (1) is revoked by his marriage, and the Board, in ignorance of the marriage, purports to pay any amount payable out of the Fund on the death of the member in accordance with the revoked nomination and this section —

(a)

the Board shall nevertheless be discharged from all liability in respect of the payment; but(b)this subsection shall not affect any recourse which any person may have against the recipient of the payment.(7) In this section —“child” means a legitimate child and includes any child adopted by virtue of an order of court under any written law for the time being in force in Singapore, Malaysia or Brunei Darussalam;“parent” includes an adoptive parent;“proper claimant” means a person who —

(a)

claims to be entitled to a deceased nominated person’s portion of the amount payable out of the Fund on the death of a member as executor of the deceased nominated person; or

(b)

claims to be entitled to a deceased nominated person’s portion of the amount payable out of the Fund on the death of a member (whether for his own benefit or not), and is the widower, widow, child, grandchild, parent, brother, sister, nephew, niece, grandparent, uncle or aunt of the deceased nominated person.”.