Clause 19
Amendment of section 27Q
of Central Provident Fund (Amendment) Bill
BillNot in forceProvision 19 of 25
Clause 19
Section 27Q(2) of the principal Act is amended by inserting, immediately after paragraph (e), the following paragraph:“(ea)without prejudice to the generality of paragraph (e), provide for the Board to pay a relevant member’s monthly income under section 27K(6), or any amount to be refunded to a relevant member, into the relevant member’s account in the Fund, and for the circumstances in which payment will be made to a relevant member in this manner;”.