Singapore legislation

Clause 6

of Central Provident Fund (Amendment) Bill

Clause 6

Amendment of section 6

Section 6 of the principal Act is hereby amended —

(a)

by deleting subsections (1) and (2) thereof and substituting therefor the following: —“(1) Subject to the provisions of section 23 and any of the regulations made under section 29 of this Act every employer of an employee shall pay to the Fund monthly in respect of each employee contributions at the appropriate rates set out in the Schedule to this Act except that the Board may at its discretion and on such terms and conditions as it may impose authorise an employer or a class or classes of employers to pay such contributions at other intervals not exceeding six months.(2) Notwithstanding the provisions of any written law or any contract to the contrary an employer shall be entitled to recover from the monthly wages of an employee the amount shown in the Schedule to this Act as so recoverable from the employee.(3) Where any employer who has recovered any amount from the monthly wages of an employee in accordance with subsection (2) of this section fails to pay such contributions to the Fund within such time as may be prescribed he shall be guilty of an offence under this Act and shall be liable on conviction to a fine not exceeding ten thousand dollars or to imprisonment for a term not exceeding seven years or to both such imprisonment and fine.”;

(b)

by deleting subsection (6) thereof and substituting therefor the following: —“(7) The Minister may, by notification in the Gazette, amend, add to or vary the Schedule to this Act and may prescribe different rates of contributions payable in respect of different types of wages.”;

(c)

by deleting the expression “(3)” appearing in subsections (4) and (5) thereof and substituting therefor in each case the expression “(4)”; and

(d)

by renumbering subsections (3), (4) and (5) thereof as subsections (4), (5) and (6) respectively.