Singapore legislation

Clause 2

of Central Provident Fund (Amendment) Bill

Clause 2

Amendment of section 2

Section 2(1) of the Central Provident Fund Act (called in this Act the principal Act) is amended —

(a)

by inserting, immediately after the definition of “chief executive officer”, the following definition:“ “collector” means any person or a member of a class of persons, specified by regulations made under section 77(1) to be a person who is required under section 9B to pay an estimated contribution in respect of a self‑employed person;”; (b)by inserting, immediately after the definition of “employer”, the following definition:“ “estimated contribution” means a contribution to the Fund payable by a collector under section 9B;”; and

(c)

by inserting, immediately after the definition of “retirement sum”, the following definition:“ “revenue payment” means any payment prescribed by regulations made under section 77(1) to be a revenue payment for the purposes of section 9B;”.