Singapore legislation
Clause 13
Clause 13
Amendment of section 77
In the principal Act, in section 77(1), replace paragraphs (n) and (na) with —“(n)to introduce any CPF investment scheme for a member of the Fund to make, purchase or acquire any investments or class of investments with all or part of the moneys standing to the member’s credit in the Fund, and to provide for any of the following:
the reimbursement or payment of the cost of the making of investments under any CPF investment scheme (including any fees, charges or incidental expenses incurred for such investments);
to require the proceeds or benefits (including dividends and returned paid‑up share capital) of investments under any CPF investment scheme to be paid to the Board to be credited to the member’s account or accounts in the Fund or otherwise dealt with under this Act; (iii)the circumstances in which an investment is or may be withdrawn from any CPF investment scheme; (na)without limiting paragraph (n), for the purposes of Division 2 of Part 3;”.