Singapore legislation

Clause 19

of Central Provident Fund (Amendment) Bill

Clause 19

Amendment of section 27C

Section 27C of the principal Act is amended by deleting paragraph (a) of subsections (1) and (2) and substituting in each case the following paragraph:“(a)a member of the Fund has withdrawn the amount referred to in section 15(6C)(a) which is deposited with an approved bank or retained in the member’s retirement account or any part of that amount, or has surrendered his approved annuity, under section 15(9) or (9A);”.