Clause 16

Subject to subsection (2), on or after the date of commencement of section 16 of the Central Provident Fund (Amendment) Act 2013 —

a person below the age of 21 years may do any thing under this Part, or any regulations made under section 57, as if he were of full age; and

the provisions of this Part and any regulations made under section 57 shall apply to a person below the age of 21 years, as if he were of full age.(2) Any thing done under this Part or any regulations made under section 57, on or after the date of commencement of section 16 of the Central Provident Fund (Amendment) Act 2013, by a person below the age of 16 years (or such other age as the Minister may prescribe in place thereof) shall be done with the consent of his parent or guardian.(3) Where, before the date of commencement of section 16 of the Central Provident Fund (Amendment) Act 2013, a person below the age of 21 years did any thing under this Part, or any regulations made under section 57, which would have been validly done if he were of full age, that thing shall be deemed to be and always to have been validly done by him.(4) This section shall apply subject to any contrary age requirement expressly provided under this Act in respect of —

any thing done under this Part, or any regulations made under section 57; or

any provision of this Part or of any regulations made under section 57.(5) Section 58 of the Insurance Act (Cap. 142) shall not apply to —

any thing done under this Part, or any regulations made under section 57; or

the application of any provision of this Part and of any regulations made under section 57.”.