Clause 9
Amendment of section 19
of Central Provident Fund (Amendment) Bill
BillNot in forceProvision 9 of 19
Clause 9
Section 19 of the principal Act is amended —
(a)
by inserting, immediately after the word “parent’s” in the 2nd line of subsection (1), the word “, grandparent’s”;
(b)
by inserting, immediately after the word “parent” in the penultimate line of subsection (1) and in the 1st line of subsection (2), the word “, grandparent”;
(c)
by deleting the words “or spouse who made the payment” in subsection (2) and substituting the words “who made the payment, as the case may be”; and
(d)
by deleting the section heading and substituting the following section heading:“Provisions relating to moneys transferred or paid to parent’s, grandparent’s or spouse’s retirement account on death”.