Clause 7

by deleting the word “Children” in section 16A(1)(c) and substituting the word “Child”;

by deleting paragraph (b) of section 16C(4) and substituting the following paragraph:“(b)all contributions, if any, made by the Government under the co-savings arrangement to the member’s bank account, if any, opened under regulations made under section 3 of the Child Development Co-Savings Act (Cap. 38A),”; and

by deleting subsection (10) of section 16C and substituting the following subsection:“(10) In this section —“co-savings arrangement” means the co-savings arrangement referred to in section 3(1)(a) of the Child Development Co-Savings Act (Cap. 38A);“eligible member of the PSE Fund” means any member of that Fund who —

is eligible for the co-savings arrangement; and

satisfies such other requirements as may be prescribed.”.