Singapore legislation

Regulation 3

of Terrorism (Suppression of Financing) (Exemption from Prohibition against Dealing) (No. 17) Order 2013

Regulation 3

Exemption

The Central Provident Fund Board and the SP Services are hereby exempted from the application of section 6 of the Act in respect of —

(a)

the payment in cash by the Central Provident Fund Board to any nominee of a specified person of such amount of GSTV – Cash (being part of the Goods and Services Tax Voucher Scheme announced by the Government in 2012) which the specified person is eligible to receive yearly for as long as the Scheme is in force, subject to the condition that such cash payment is deposited in the bank account of the nominee as designated in the notice of exemption issued to the specified person and his nominee in respect of the cash payment;

(b)

the credit of the amount of the GSTV – Medisave top-up by the Central Provident Fund Board (being part of the Goods and Services Tax Voucher Scheme announced by the Government in 2012) to the Medisave Account of a specified person in the Central Provident Fund which the specified person is eligible to receive for as long as the Scheme is in force; and

(c)

the credit of the amount of the GSTV – U Save rebate by the SP Services (being part of the Goods and Services Tax Voucher Scheme announced by the Government in 2012) into the household utilities account of the specified person which the specified person is eligible to receive for as long as the Scheme is in force.