Singapore legislation

Clause 13

of Pioneer Generation Fund (Amendment) Bill

Clause 13

Amendment of section 10

Section 10 of the principal Act is amended —

(a)

by inserting, immediately after the words “each financial year” in subsection (1), the words “of the Pioneer Generation Fund or the Merdeka Generation Fund (as the case may be)”;

(b)

by deleting the words “the Fund” in subsection (1) and substituting the words “the Pioneer Generation Fund and the Merdeka Generation Fund (as the case may be)”;

(c)

by deleting the word “Fund” in subsections (2) and (4) and substituting in each case the word “Funds”;

(d)

by deleting the words “the Fund” in subsection (3) and substituting the words “any of the Funds”; and

(e)

by inserting, immediately after the words “by the auditor” in subsection (3), the words “for that Fund”.