Singapore legislation

Regulation 40

of Prevention of Corruption (Occupational Superannuation Scheme) Regulations 2003

Regulation 40

Deferment of payment

Amended byS 607/2023 wef 01/09/2023

Despite any provision in these Regulations, any payment of any moneys under regulation 39 to a relevant person mentioned in regulation 39(1) or a person entitled to apply under regulation 39(3) may be deferred if —

(a)

the relevant person is being investigated for any negligent act or misconduct;

(b)

disciplinary proceedings are being contemplated or have been initiated against the relevant person for any such act of misconduct or negligence; or

(c)

criminal proceedings are being contemplated or have been instituted against the relevant person.