Singapore legislation

Clause 3

of Central Provident Fund (Amendment) Bill

Clause 3

Amendment of section 6

Section 6 of the principal Act is amended —

(a)

by inserting, immediately after the words “any amount standing to the credit of the deceased member in the Fund” in subsection (4D), the words “that is not in any nominee account maintained for the deceased member”;

(b)

by inserting, immediately after the words “returned paid-up share capital” in subsection (4I), the words “, proceeds of sale”; and

(c)

by inserting, immediately after the words “dividends, capital” wherever they appear in subsection (4I), the word “, proceeds”.