Singapore legislation

Clause 11

of Central Provident Fund (Amendment) Bill

Clause 11

New section 24A

The principal Act is amended by inserting, immediately after section 24, the following section:“Exceptions to section 24(2) relating to certain provisions in or under other written law24A.—

(1)

Section 24(2) does not prevent the Board from doing, in relation to any thing set out in section 24(1), any thing required or allowed by the following provisions:

(a)

section 79 of the Goods and Services Tax Act (Cap. 117A), section 57 of the Income Tax Act, section 38 of the Property Tax Act (Cap. 254) or section 70 of the Stamp Duties Act (Cap. 312);

(b)

any provision of other written law specified in regulations made under section 77(1) for the purposes of this paragraph, being a provision that allows or requires the Board to make any payment on behalf of a member.(2) Any payment made by the Board under any provision mentioned in subsection (1)(a), before the date of commencement of section 11 of the Central Provident Fund (Amendment) Act 2019, which would be valid if made on or after that date is taken to be and always to have been validly made; and no legal proceedings lie or may be instituted or maintained, in any court of law on account of or in respect of such payment.”.

Clause 11 — Central Provident Fund (Amendment) Bill