Singapore legislation

Clause 16

of Central Provident Fund (Amendment) Bill

Clause 16

Amendment of section 24

Section 24(1) of the principal Act is amended by deleting paragraph (e) and substituting the following paragraph:“(e)any moneys referred to in section 15(6C)(a) or 15B(2) which is deposited by a member with an approved bank and any interest on those moneys, and any withdrawals from the moneys and interest;”.