Singapore legislation

Clause 40

of Central Provident Fund (Amendment) Bill

Clause 40

Amendment of section 13C

Section 13C of the principal Act is amended —

(a)

by deleting subsections (1) and (2) and substituting the following subsection:“(1) Except as specifically provided under this Act, the Board may permit a person to pay to the Fund contributions for himself or herself under prescribed circumstances, if the person satisfies the conditions (if any) imposed by the Board in any particular case.”; and

(b)

by deleting subsection (4) and substituting the following subsection:“(4) This section applies subject to any regulations made under section 77(1) and any terms and conditions imposed by the Board.”.