Singapore legislation

Regulation 4

of Work Injury Compensation (Workers’ Fund) Regulations 2020

Regulation 4

Administration of Fund

Subregulation 1

The Fund is, subject to such directions as may be given by the Minister, to be controlled and administered by the Commissioner.

Subregulation 2

The Commissioner may invest the moneys in the Fund in any manner authorised by the Permanent Secretary, Ministry of Finance.

Subregulation 3

The interest or dividends arising from such investments accrue to the Fund.

Regulation 4 — Work Injury Compensation (Workers’ Fund) Regulations 2020