Regulation 2

In these Rules —“Committee” means the Committee of Management constituted under rule 36;“contribution” means the contribution payable by a member under rule 7;“donation” means the donation payable by the Board under rule 9;“employee’s statutory contribution” means any sum or sums which the employer is entitled to deduct from the salary of the employee under the Central Provident Fund Act [Cap. 36];“employer’s statutory donation” means any sum or sums which the Board is bound to pay on behalf of any employee under the Central Provident Fund Act;“Fund” means the Public Utilities Board Provident Fund established by these Rules;“member” means a person who is for the time being a member of the Fund during his service as an employee of the Board;“salary” means the substantive basic salary per month of a member;“service” means service with the Board and, while actually or deemed to be in receipt of salary, includes approved leave of absence;“year” means the year coinciding with the Board’s financial year.