Singapore legislation

Regulation 9

of Home Affairs Uniformed Services (INVEST Fund) Regulations

Regulation 9

Application of INVEST Fund

The moneys in the INVEST Fund shall only be withdrawn and applied to meet the payment of any one or more of the following:

(a)

any gratuity, allowance, compensation, injury award or other benefit in accordance with the INVEST Plan or the Scheme;

(b)

any allowance, subsidy or other benefit (including medical benefits) to former members of the INVEST Plan or the Scheme as specified in the Home Affairs Uniformed Services (INVEST Plan) Regulations (Rg 2) or the Prevention of Corruption (Occupational Superannuation Scheme) Regulations 2003 (G.N. No. S 51/2003), as the case may be; or

(c)

expenses relating to the granting of any gratuity, allowance, compensation or other benefit referred to in paragraph (a) or (b) and expressly provided by the Home Affairs Uniformed Services (INVEST Plan) Regulations (Rg 2) or the Prevention of Corruption (Occupational Superannuation Scheme) Regulations 2003 (G.N. No. S 51/2003) to be met out of the INVEST Fund.

Read in full context — Home Affairs Uniformed Services (INVEST Fund) Regulations →