Singapore legislation

Regulation 17

of Education Service Incentive Payment (CONNECT Plan) Regulations 2002

Regulation 17

Amendment of Schedules

Subregulation 1

Subject to paragraph (2), any amendment to the First or Second Schedule and any amendment by way of a subsequent notice under regulation 16 apply to any person who is a member immediately before the amendment comes into force.

Subregulation 2

No amendment to the First or Second Schedule and no amendment by way of a subsequent notice under regulation 16 reduces the amount of any award already paid to, or the amount of contributions already credited or due to the account of, any person who is a member immediately prior to the amendment coming into force.