Clause 30
Amendment of section 39
of Central Provident Fund (Amendment) Bill
BillNot in forceProvision 30 of 42
Clause 30
Section 39 of the principal Act is amended —
(a)
by inserting, immediately after paragraph (e), the following paragraph:“(ea)prescribe the circumstances under which the Board may cancel or terminate a member’s cover under the Scheme;”; and
(b)
by inserting, immediately after the words “any premium” in paragraph (f), the words “, the manner in which the premium is to be refunded”.