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laws.sgby aturio
In force2024 Revised Edition
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4. Member’s accounts in Contribution Account

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(1)

There must also be maintained subsidiary accounts (each known as a member’s account) within the Contribution Account in respect of each member.

(2)

All contributions prescribed by the Education Service Incentive Payment (CONNECT Plan) Regulations 2002 in respect of a member must be credited to the member’s account for that member and retained therein until the amounts therein are awarded in accordance with those Regulations.

Subregulation 1

There must also be maintained subsidiary accounts (each known as a member’s account) within the Contribution Account in respect of each member.

Subregulation 2

All contributions prescribed by the Education Service Incentive Payment (CONNECT Plan) Regulations 2002 in respect of a member must be credited to the member’s account for that member and retained therein until the amounts therein are awarded in accordance with those Regulations.

Report

Read on from reg 5