Clause 15
Amendment of section 76
of Central Provident Fund (Amendment) Bill
BillNot in forceProvision 15 of 19
Clause 15
Section 76 of the principal Act is amended by deleting subsection (1) and substituting the following subsection:“(1) The Board may, if the Minister is satisfied that it is in the public interest for the Board to do so, engage in either or both of the following:
(a)
activities that are not related to, or that are not directly related to, the Fund or the administration of the Fund;
(b)
the compilation of information of a statistical nature or otherwise relating to members, employers and employees.”.