Singapore legislation

Clause 30

of Central Provident Fund (Amendment) Bill

Clause 30

Amendment of section 40

Section 40 of the principal Act is amended by deleting the full‑stop at the end of the definition of “Scheme” and substituting a semi‑colon, and by inserting immediately thereafter the following definition:“ “serious illness”, in relation to an insured person, means any illness that —

(a)

is likely to result in a claim under that insured person’s insurance cover under the Scheme; and

(b)

the Board has specified for the purposes of section 43(1), in a manner accessible to the insured person, as a serious illness which the insured person must disclose to the Board.”.

Clause 30 — Central Provident Fund (Amendment) Bill