Singapore legislation

Clause 4

of Central Provident Fund (Amendment) Bill

Clause 4

Amendment of section 10

Section 10 of the principal Act is amended by inserting, immediately after subsection (2), the following subsection:“(3) Despite anything in this Act, no money in the Fund is to be used to make any payment for the purposes of Part IIIB or IV or any costs or expenses incurred in the administration of the Lifelong Income Scheme or the Home Protection Insurance Scheme, except for withdrawals or deductions from any of a member’s accounts in the Fund made in accordance with this Act.”.

Read in full context — Central Provident Fund (Amendment) Bill →