11. End of insurance cover under former ElderShield Scheme and establishment of ElderShield Scheme

Terms defined in s 2

• Board

  Board

  Defined · s 2

  “Board” means the Central Provident Fund Board constituted under section 3 of the CPF Act;

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• CSHL Scheme

  CSHL Scheme

  Defined · s 2

  “CSHL Scheme” means the severe disability insurance scheme called the CareShield Life Scheme established by section 5;

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• ESH Scheme

  ESH Scheme

  Defined · s 2

  “ESH Scheme” means the severe disability insurance scheme called the ElderShield Scheme that is transferred by the private insurers to the Government;

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• former ElderShield Scheme

  former ElderShield Scheme

  Defined · s 2

  “former ElderShield Scheme” means the ElderShield Scheme approved by the Minister, that immediately before the transfer date was administered by the private insurers, for the purposes of allowing a person to purchase a severe disability insurance policy from a private insurer;

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• public authority

  public authority

  Defined · s 2

  “public authority” means a body established or constituted by or under a public Act to perform or discharge a public function;

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• transfer date

  transfer date

  Defined · s 2

  “transfer date” has the meaning given by section 8.

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