Singapore legislation

Clause 15

of Child Development Co-Savings (Amendment) Bill

Clause 15

Amendment of section 12AB

Section 12AB(2) of the principal Act is amended —

(a)

by deleting the words “4 weeks or 24 days (as the case may be)” in paragraphs (a)(i) and (b)(i) and substituting in each case the words “period equal in duration to 4 times the employee’s weekly index or every 24 days, whichever is the lower,”; and

(b)

by deleting sub‑paragraph (ii) of paragraph (a) and substituting the following sub‑paragraph: “(ii)in any case, not more than a total of $20,000 for the period of cessation (if only one), or all the periods of cessation, under sub‑paragraph (i), whichever is applicable; or”.

Clause 15 — Child Development Co-Savings (Amendment) Bill