Singapore legislation
Clause 2
Clause 2
New section 4A
The Sultan Hussain Ordinance is amended by inserting, immediately after section 4, the following section:“New scheme for the payment of annuity or commuted gratuity to the family of the late Sultan Hussain4A.—
The Minister may by regulations provide for the establishment of a scheme for the payment of an annuity to the family of the late Sultan Hussain a sum of $350,000 for a period of 30 years from the appointed day.(2) The annuity under the scheme established under subsection (1) shall be paid only to members of the family of the late Sultan Hussain who before 4th May 1999 were receiving an annuity under the Ordinance.(3) Regulations made under this section may provide for —
the determination of the proportions of the annuity under the scheme to be paid to persons to whom the annuity is payable;
the exercise of an option by a person to whom an annuity is payable under the scheme to be paid a commuted gratuity in lieu of the annuity;
the payment of a commuted gratuity to the estate of a person to whom annuity is payable under the scheme upon his death; and
generally giving effect to or for carrying out the purposes of this section.(4) Sections 3 and 4 shall cease to have effect on the appointed day.(5) In this section, “appointed day” means such date as the Minister may, by notification in the Gazette, appoint for the purposes of this section.”.