Singapore legislation

Clause 7

of Central Provident Fund (Amendment) Bill

Clause 7

Amendment of section 26B

In the principal Act, in section 26B —

(a)

in the section heading, replace “investment schemes” with “CPF investment scheme”;

(b)

in subsection (1)(a), replace sub‑paragraphs (i) and (ii) with —“(i)any investment scheme account specified for the purposes of this section by regulations made under section 77(1); or

(ii)

such investments under such CPF investment scheme as may be prescribed; and”;

(c)

in subsections (2)(a) and (3)(a), replace “CPF Investment Account” with “investment scheme account mentioned in subsection (1)(a)(i)”; (d)in subsections (2)(b) and (3)(b), replace “securities” with “investments”;

(e)

in subsection (2)(b), replace “those investment schemes” with “the CPF investment scheme”; and

(f)

delete subsection (4).

Read in full context — Central Provident Fund (Amendment) Bill →