Singapore legislation

Clause 4

of Pioneer Generation Fund (Amendment) Bill

Clause 4

Amendment of section 2

Section 2 of the principal Act is amended —

(a)

by inserting, immediately after the definition of “accounting officer”, the following definition:“ “Appeals Panel” means the body of that name established under section 15;”;

(b)

by deleting the definition of “Fund” and substituting the following definition:“ “Funds” means the Pioneer Generation Fund and the Merdeka Generation Fund established under section 4;”;

(c)

by deleting the words “Pioneer Generation” in the definition of “member”;

(d)

by inserting, immediately after the definition of “member”, the following definition:“ “Merdeka Generation Senior” includes an individual who is determined under section 13 to be a Merdeka Generation Senior;”;

(e)

by deleting the definition of “Pioneer Generation Appeals Panel”;

(f)

by inserting, immediately after the word “Pioneer” in the definition of “reimbursement arrangement”, the words “or Merdeka Generation Senior”; and

(g)

by deleting the definition of “verification application” and substituting the following definition:“ “verification application” means an application made under section 13(2) in relation to an individual seeking a determination from the Appeals Panel that the individual is a Pioneer or Merdeka Generation Senior for the purposes of this Act.”.

Clause 4 — Pioneer Generation Fund (Amendment) Bill