Singapore legislation
Clause 4
Clause 4
Amendment of section 6
Section 6(4B) of the principal Act is amended by deleting paragraph (a) and substituting the following paragraph:“(a)at such intervals as the Board may determine —
on the whole or such part, as the Board may determine, of the amount standing to the credit of the member in the Fund at such time as the Board may determine; and
if the member belongs to such class of members as the Minister may prescribe by regulations made under section 27Q, on the whole or such part, as the Board may determine, of the aggregate at such time as the Board may determine of —
the amount of any premium paid by the member under section 27L; and
the interest that would have been payable thereon, if that amount had been standing to the credit of the member in his retirement account; and”.