Clause 64
Saving and transitional provision for Part 6
of Central Provident Fund (Amendment) Bill
BillNot in forceProvision 63 of 68
Clause 64
(1)
Subject to subsection (2), section 14 of the principal Act as amended by section 42 applies to every cash grant or specified payment paid into the Fund under section 14(1) or (1A) (as the case may be) of the principal Act before, on or after the date of commencement of section 42.
(2)
Section 14(3AA)(b) of the principal Act does not apply to any cash grant or specified payment paid into the Fund under section 14(1) or (1A) (as the case may be) of the principal Act before the date of commencement of section 42.