Central Provident Fund (Approved Employees’ Scheme) Regulations

Central Provident Fund Act

(CHAPTER 36, Section 77(1)(o))

Central Provident Fund
(Approved Employees’ Scheme) Regulations

Rg 24

G.N. No. S 642/1998

REVISED EDITION 2000

(31st January 2000)

[1st January 1999]

Citation

1. These Regulations may be cited as the Central Provident Fund (Approved Employees’ Scheme) Regulations.

Definition

2. In these Regulations, “permanent resident” means a person who holds a valid entry permit or re-entry permit issued by the Controller of Immigration under the Immigration Act (Cap. 133).

Contributions in respect of members of approved employees’ scheme

3.—(1) Subject to paragraph (2), the contributions payable by the employer and the amount recoverable from the employee’s wages in respect of employees who are members of an approved employees’ scheme shall be in accordance with the rates of contributions set out in the First Schedule to the Act.

(2) The contributions payable by the employer and the amount recoverable from the employee’s wages in respect of employees who are members of an approved employees’ scheme and who become permanent residents on or after 1st January 1999 shall be in accordance with the rates of contributions set out in the Schedule to the Central Provident Fund (Permanent Residents — Employees) Regulations (Rg 21).

[G.N. No. S 642/98]

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