Singapore legislation

Clause 35

of Central Provident Fund (Amendment) Bill

Clause 35

Amendment of section 47

Section 47 of the principal Act is amended by deleting subsection (1) and substituting the following subsection:“(1) On payment of the prescribed premium payable under section 45 for an insured person, the person is covered under the Scheme by the Board or an appointed insurer assigned by the Board, as the case may be, for a period of 12 months beginning on —

(a)

the date of such payment; or

(b)

where the insured person’s insurance cover is issued under section 43A, such other date as may be prescribed under section 51(e).”.

Clause 35 — Central Provident Fund (Amendment) Bill