Clause 3
Amendment of section 4
of Central Provident Fund (Amendment) Bill
BillNot in forceProvision 3 of 14
Clause 3
Section 4 of the principal Act is amended —
(a)
by deleting “4” in subsection (4)(d) and substituting “7”; and
(b)
by inserting, immediately after subsection (4), the following subsection:“(4A) The Minister, with the President’s concurrence under Article 22A(1)(b) of the Constitution, may appoint the chief executive officer to be a member of the Board.”.