Clause 8

by deleting the words “or (k)” in the fifth line of subsection (1)(a) and substituting the words “, (k) or (n)”;

by deleting subsection (5) and substituting the following subsection:“(5) Where any contributions are paid into the Fund by any person pursuant to any regulations made under section 77(1)(e), the Board shall credit every such contribution into a medisave account, ordinary account or a special account, for the purposes specified in subsection (1), in such manner as the Minister may direct, and the Minister may give different directions in respect of different classes of members.”; and

by inserting, immediately after subsection (6), the following subsection:“(7) Where there is no balance in the medisave account of a member, the Board may, upon application by the member and with the approval of the Minister, transfer to the medisave account of the member any amount standing to his credit in the ordinary account which had been transferred from the medisave account, including any interest which would have accrued thereon if the transfer had not been made.”.