Singapore legislation

Clause 10

of Central Provident Fund (Amendment) Bill

Clause 10

Amendment of section 17

Section 17 of the principal Act is amended by deleting paragraph (b) and substituting the following paragraphs:“(b)for the payment of —

(i)

any improvement contribution due to the Housing and Development Board in respect of upgrading works carried out under Part IVA of the Housing and Development Act (Cap. 129) or to a Town Council in respect of lift upgrading works carried out under Part IVA of the Town Councils Act (Cap. 329A);

(ii)

any interest imposed by the Housing and Development Board or the Town Council, as the case may be, on the improvement contribution referred to in sub-paragraph (i), where the improvement contribution is paid in instalments; and

(iii)

any costs, fees or other incidental expenses arising from such works;

(c)

for such other purposes as permitted under, and in accordance with, this Act.”.

Clause 10 — Central Provident Fund (Amendment) Bill