2. Regulation 6 of the Child Development Co-Savings Regulations (Rg 2) is amended —(a) | by deleting the words “sub-paragraphs (c) and (d)” in paragraph (3B)(b)(ii) and substituting the words “sub‑paragraphs (c) to (g) or a direction under paragraph (3C)”; | (b) | by inserting, immediately after the words “every co-savings member” in paragraph (3B)(c), the words “who is born before 24 March 2016 and whose estimated delivery date for the mother’s confinement is before that date, and”; | (c) | by deleting the word “and” at the end of paragraph (3B)(c)(ii); | (d) | by deleting the words “, and adopted, on or after 13 July 2015” in paragraph (3B)(d) and substituting the words “on or after 13 July 2015 but before 24 March 2016 and whose estimated delivery date for the mother’s confinement is before 24 March 2016, and who is adopted between 13 July 2015 and 23 March 2016 (both dates inclusive)”; | (e) | by deleting the full-stop at the end of sub-paragraph (d) of paragraph (3B) and substituting a semi‑colon, and by inserting immediately thereafter the following sub‑paragraphs:“(e) | unless otherwise allowed by the Minister under paragraph (3C), Part III of the First Schedule also applies to every co‑savings member into whose Child Development Account a co‑investment sum is deposited between 24 March 2016 and 30 June 2016 (both dates inclusive), and —(i) | who —(A) | is born on or after 24 March 2016 or before that date but whose estimated delivery date for the mother’s confinement is on or after that date, but born before 1 July 2016; and | (B) | if adopted, is adopted between 24 March 2016 and 30 June 2016 (both dates inclusive); |
| (ii) | who is a citizen of Singapore at the time of birth, or becomes a citizen of Singapore before the twelfth anniversary of the co‑savings member’s date of birth; and | (iii) | whose mother or natural father is a citizen of Singapore at the time of the co‑savings member’s birth or, if adopted, whose adoptive mother or adoptive father is a citizen of Singapore at the time of the co‑savings member’s adoption; |
| (f) | Part IV of the First Schedule applies to every co‑savings member who is the subject of a direction under paragraph (3C), and every co‑savings member into whose Child Development Account the first co‑investment sum is deposited on or after 1 July 2016, and —(i) | who is born on or after 24 March 2016 or before that date but whose estimated delivery date for the mother’s confinement is on or after that date, and if adopted, is adopted on or after that date; | (ii) | who is a citizen of Singapore at the time of birth, or becomes a citizen of Singapore before the twelfth anniversary of the co‑savings member’s date of birth; and | (iii) | whose mother or natural father is a citizen of Singapore at the time of the co‑savings member’s birth or, if adopted, whose adoptive mother or adoptive father is a citizen of Singapore at the time of the co‑savings member’s adoption; and |
| (g) | Part V of the First Schedule applies to every co‑savings member who is the subject of a direction under paragraph (3C), and every co‑savings member into whose Child Development Account the first co‑investment sum is deposited on or after 1 July 2016, and —(i) | who is born on or after 24 March 2016 or before that date but whose estimated delivery date for the mother’s confinement is on or after that date, and if adopted, is adopted on or after that date; | (ii) | who is a citizen of Singapore at the time of birth, or becomes a citizen of Singapore before the twelfth anniversary of the co‑savings member’s date of birth; and | (iii) | whose mother and natural father are not citizens of Singapore at the time of the co‑savings member’s birth or, if adopted, whose adoptive parent (if only one) is, or both adoptive mother and adoptive father are, not citizens of Singapore at the time of the co-savings member’s adoption.”; and |
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| (f) | by inserting, immediately after paragraph (3B), the following paragraph:“(3C) Where —(a) | a co-investment sum is deposited, between 24 March 2016 and 30 June 2016 (both dates inclusive), into the Child Development Account of a co‑savings member —(i) | who is born on or after 24 March 2016 or before that date but whose estimated delivery date for the mother’s confinement is on or after that date; and | (ii) | if adopted, is adopted on or after 24 March 2016; and |
| (b) | the co-savings member’s mother or natural father, or adoptive mother or adoptive father (if the member is adopted), applies not later than 31 December 2016 for Part IV or V, instead of Part II or III, of the First Schedule (as the case may be), to apply to that member, |
the Minister may by direction grant that application.”. |
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