Singapore legislation

Clause 27

of Pioneer Generation Fund (Amendment) Bill

Clause 27

Amendment of section 22

Section 22 of the principal Act is amended —

(a)

by deleting the words “the Fund” in subsections (1) and (2) and substituting in each case the words “the Pioneer Generation Fund or the Merdeka Generation Fund”;

(b)

by deleting the words “or (b)” in subsection (1)(a) and substituting the words “, (b) or (ba)”;

(c)

by inserting, immediately after the word “Pioneer” in subsections (1)(a)(i) and (ii), (2)(b) and (3)(b), the words “or Merdeka Generation Senior (as the case may be)”;

(d)

by deleting the words “section 16(1)(c) or (d)” in subsection (1)(b) and substituting the words “section 16(1)(c), (ca) or (d)”;

(e)

by inserting, immediately after the word “Pioneer” in subsection (1)(d), the words “or Merdeka Generation Senior”; (f)by deleting the words “Pioneer or former Pioneer” in subsection (3) and substituting the words “Pioneer or Merdeka Generation Senior, or former Pioneer or former Merdeka Generation Senior”; and

(g)

by deleting subsection (4) and substituting the following subsection:“(4) Where the money in any of the Funds is withdrawn and —

(a)

paid in error to a Pioneer or Merdeka Generation Senior; or

(b)

paid to anyone else without authorisation or in excess of authorisation required by or under this Act,the amount of the financial assistance, grant or benefit so obtained is recoverable from the recipient as a debt due to the Government.”.

Clause 27 — Pioneer Generation Fund (Amendment) Bill