Singapore legislation

Clause 17

of Central Provident Fund (Amendment) Bill

Clause 17

Amendment of section 27L

In the principal Act, in section 27L —

(a)

in subsection (5), after “amount to be refunded”, insert “(including any goodwill sum the Board may, in its discretion, determine)”; and

(b)

in subsection (7), replace “which the Board is liable to refund under” with “to be refunded mentioned in”.