Education Endowment and Savings Schemes Act(CHAPTER 87A)
Table of Contents
Long Title
Part I PRELIMINARY
1 Short title
2 Interpretation
Part II EDUCATION ENDOWMENT SCHEME
3 Establishment of Edusave Endowment Fund
4 Capital money of Endowment Fund
5 Mode of payment out of Endowment Fund
6 Application of income of Endowment Fund
7 Establishment of Edusave Pupils Fund
8 Members of Edusave Pupils Fund
9 Contributions and interest to be paid to members of Edusave Pupils Fund
10 Advisory Council
11 Functions of Council
Part III WITHDRAWAL FROM EDUSAVE PUPILS FUND
12 Conditions for withdrawal from Edusave Pupils Fund
13 Donation and transfer of member’s moneys in Edusave Pupils Fund
14 Applications for withdrawal from Edusave Pupils Fund
15 Protection of benefits of member of Edusave Pupils Fund
16 Moneys payable on death of member of Edusave Pupils Fund
Part IIIA POST-SECONDARY EDUCATION SCHEME
16A Establishment of Post-Secondary Education Fund
16B Members of PSE Fund
16C Contributions and interest to be paid to members of PSE Fund
Part IIIB WITHDRAWAL FROM PSE FUND
16D Conditions for withdrawal from PSE Fund
16E Transfer of member’s moneys in PSE Fund
16F Applications for withdrawal or transfer from PSE account
16G Protection of benefits of member of PSE Fund
16H Moneys payable on death of member of PSE Fund
Part IV MISCELLANEOUS
17 Expenses
18 Financial year
19 Accounts to be kept
20 Appointment, powers and duties of auditor
21 Failure to furnish information to auditor
22 Presentation of financial statements, auditor’s report and annual report to Parliament
23 Offences
24 Regulations
Legislative History