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Singapore legislation

Regulation 25

of Singapore Armed Forces (SAVER-Premium Fund) Regulations

Regulation 25

Rectification of errors in accounts

Amended byG.N.Nos.S186/98S 303/99S 190/2000S 287/2000

Subregulation 1

Where the Board is satisfied that any excess amount has been credited in error to any subsidiary account of any member, the Board may rectify the error by deducting the excess from the subsidiary account concerned.

Subregulation 2

Amended byG.N.Nos.S186/98S 303/99S 190/2000S 287/2000

Where an error in any subsidiary account of a member is rectified under paragraph (1), the member may, within 14 days after receiving a statement under regulation 24 showing the rectification of the error, appeal to the Armed Forces Council against the rectification, and the decision of the Armed Forces Council shall be final.