Singapore legislation
Clause 6
Clause 6
Amendment of section 8
Section 8 of the principal Act is amended —
by deleting paragraphs (a) and (b) of subsection (1) and substituting the following paragraphs: “(a)made in reliance on any false or misleading statement, document or information made or provided by a parent of the member or any other person; (b)made by reason of any error (however caused); or”; (b)by deleting the words “the Government may recover such payment from any moneys standing to the credit of the member’s bank account.” in subsection (1) and substituting the following words: “the Government may —
recover such payment from any moneys standing to the credit of the member’s bank account; (e)deduct or set off the amount of such payment from any other payment made or to be made by the Government under the Scheme or a prescribed scheme to the member’s bank account;
deduct or set off the amount of such payment from any other payment made or to be made by the Government under a prescribed scheme to a parent of the member or a person nominated by the parent;
where such payment was made on account of any false or misleading statement, document or information made or provided by, or any error caused or permitted to be caused by, a parent of the member or any other person (called the person in default), recover such payment from the person in default as a civil debt; or
recover such payment from a parent or legal guardian of the member as a civil debt, even if he or she is not the person in default under paragraph (g), if the Government is unable to recover such payment under paragraph (d) or (g) or make the deduction or set‑off under paragraph (e) or (f).”; and
by inserting, immediately after subsection (2), the following subsection: “(3) Where a trustee of a member’s bank account or an approved person utilises any moneys from the member’s bank account for purposes not authorised by the Scheme, the Government may —
require the trustee or approved person (as the case may be) to refund the amount so utilised to the member’s bank account, or if there is no longer a bank account under the Scheme to which the refund may be made, to such other account for the member’s benefit as a Director may determine; and
where the approved person, the trustee or any other person had deposited moneys into the member’s bank account for the purpose of facilitating such utilisation for unauthorised purposes, recover as a civil debt from that approved person, trustee or other person (as the case may be) any contributions made by the Government under a co‑savings arrangement mentioned in section 3(3) relating to such deposited moneys.”.