Singapore legislation

Clause 8

of Pioneer Generation Fund (Amendment) Bill

Clause 8

Amendment of section 5

Section 5 of the principal Act is amended —

(a)

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

(b)

by inserting, immediately after the word “Pioneers” in subsection (1)(a) and (b), the words “or Merdeka Generation Seniors (as the case may be)”; (c)by deleting the words “the Fund” in subsection (1)(d) and substituting the words “the Pioneer Generation Fund and the Merdeka Generation Fund, respectively”; and

(d)

by deleting the word “Fund” in the section heading and substituting the word “Funds”.

Clause 8 — Pioneer Generation Fund (Amendment) Bill