Regulation 43
Option
of Singapore Armed Forces (Premium Plan) Regulations
Subsidiary LegislationIn forceProvision 55 of 64
Regulation 43
A soldier to whom this Part applies shall be given an option to convert to the Premium Plan and he may opt —
(a)
to convert to the Premium Plan in which case the Board shall cause to be credited to the serviceman’s accounts under the Premium Plan, the amounts in accordance with regulation 44; or
(b)
to remain in his former scheme of service.