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Singapore legislation

Regulation 13

of Singapore Armed Forces (SAVER-Premium Fund) Regulations

Regulation 13

Forfeiture Account

Amended byS 441/2025 wef 01/07/2025

Subregulation 1

Amended byS 441/2025 wef 01/07/2025

All or any part of the contributions to be credited to the subsidiary accounts of each member under regulation 12(3)(a) may be met from moneys in the Forfeiture Account.

Subregulation 2

All dividends and other sums which are forfeited in accordance with the Singapore Armed Forces (SAVER Plan) Regulations (Rg 19) or the Singapore Armed Forces (Premium Plan) Regulations (Rg 22) shall be credited to the Forfeiture Account.