Published by Authority

NO. 29]Friday, October 30 [1992

The following Act was passed by Parliament on 14th September 1992 and assented to by the President on 17th October 1992:—
Education Endowment Scheme Act 1992

(No. 33 of 1992)

I assent.

17th October 1992.
Date of Commencement: 1st January 1993
An Act to establish an education endowment scheme and for matters connected therewith.
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:
Short title and commencement
1.  This Act may be cited as the Education Endowment Scheme Act 1992 and shall come into operation on such date as the Minister may, by notification in the Gazette, appoint.
2.—(1)  In this Act, unless the context otherwise requires —
“Board” means the Central Provident Fund Board established under the Central Provident Fund Act (Cap. 36);
“child” means a person who is of school age;
“Council” means the Advisory Council established under section 10;
“Edusave account” means an Edusave account maintained under section 7(3);
“Edusave Pupils Fund” means the Edusave Pupils Fund established under section 7(1);
“eligible member” means any member who is eligible for the payment of the prescribed amount of contribution under section 9(1);
“Endowment Fund” means the Edusave Endowment Fund established under section 3(1);
“member” means a member of the Edusave Pupils Fund;
“parent”, in relation to a child, includes a guardian of the child;
“prescribed school” means an institution for providing full-time primary or secondary education, being —
(a)a school organised and conducted directly by the Government;
(b)a school specified in any order made under section 3(1) of the School Boards (Incorporation) Act (Cap. 284A);
(c)an aided school within the meaning of that term in the School Boards (Incorporation) Act; or
(d)such other school as may be prescribed;
“school age” means such age as may be prescribed.
(2)  For the purpose of the definition of “prescribed school” in subsection (1), the Minister may prescribe any training institute established under the Institute of Technical Education Act 1992 (Act 8 of 1992) for such transitional period as he may specify.