Clause 6

by inserting, immediately after the words “section 77(1)” in subsections (1) and (2), the words “, and such terms and conditions as the Board may impose”;

by deleting the words “, for the purposes specified in section 13(1),” in subsections (1)(b) and (2)(b);

by deleting the words “Subject to subsection (3A), the” in subsection (3) and substituting the word “The”;

by deleting subsection (3A); and

by inserting, immediately after subsection (4), the following subsection:“(5) Despite subsections (1) and (2), the Board may refuse to credit any voluntary contribution received under subsection (1)(a), (2)(a) or (3)(c) to a member’s account in the Fund under this section —

where the amount of the intended voluntary contribution for any year, if paid into the Fund to the person’s credit, will result in the prescribed sum under subsection (3) being exceeded for that year;

where the intended voluntary contribution is to be made only to the medisave account of the person and the amount of the intended voluntary contribution, if paid into the person’s medisave account, will result in —

the total amount in the person’s medisave account exceeding the amount that the Minister directs under section 13(6); or

the prescribed sum under subsection (3) being exceeded for that year; or

in such other circumstances as may be prescribed in regulations made under section 77(1).”.