Singapore legislation

Clause 14

of Central Provident Fund (Amendment) Bill

Clause 14

Amendment of section 71

In the principal Act, in section 71, after subsection (6), insert —“(6A) Despite subsection (6), if any interest was credited to the member’s special account in respect of the amount of the refund or payment but the special account has since been closed under section 13AA(1), any interest for the purposes of subsection (6)(a), (b) or (c) may be determined in accordance with section 13AA(5), (6), (7) or (8), whichever is applicable.”.