Clause 15

by deleting paragraph (d) of subsection (2) and substituting the following paragraph:“(d)satisfies either of the following requirements:

on attaining the age referred to in paragraph (b), the amount set aside or topped-up for the purposes of his minimum sum is not less than such amount as may be prescribed in the relevant regulations for the purposes of this sub-paragraph; or

at such time as may be prescribed in the relevant regulations, the amount standing to his credit in his retirement account is not less than such amount as may be prescribed in the relevant regulations for the purposes of this sub-paragraph.”; and

by inserting, immediately after subsection (2), the following subsection:“(2A) For the purposes of subsection (2)(d)(ii), different times and amounts may be prescribed for different classes of members.”.