No. S 28
Central Provident Fund Act
(Chapter 36)
Central Provident Fund (Self-employed
Persons) (Amendment) Regulations 1998
In exercise of the powers conferred by section 77(1)(e) of the Central Provident Fund Act, the Minister for Labour, after consultation with the Central Provident Fund Board, hereby makes the following Regulations.
Citation and commencement
1.  These Regulations may be cited as the Central Provident Fund (Self-Employed Persons) (Amendment) Regulations 1998 and shall be deemed to have come into operation on 1st January 1998.
Amendment of regulation 12
2.  Regulation 12(1) of the Central Provident Fund (Self-Employed Persons) Regulations (Rg 25) is amended —
(a)by deleting the words "or is a relevant public officer" in the third and fourth lines of sub-paragraph (f);
(b)by deleting the word "and" at the end of sub-paragraph (g); and
(c)by deleting the full-stop at the end of sub-paragraph (h) and substituting a semi-colon, and by inserting immediately thereafter the following sub-paragraphs:
(i)$360 in respect of the relevant year beginning 1st January 1998 or any subsequent relevant year if the self-employed person has not attained 35 years of age on 1st January in that revelant year;
(j)$420 in respect of the relevant year beginning 1st January 1998 or any subsequent relevant year if the self-employed person has attained 35 years of age but has not attained 45 years of age on 1st January in that relevant year and is not a relevant public officer for the whole or any part of that relevant year; and
(k)$480 in respect of the relevant year beginning 1st January 1998 or any subsequent relevant year if the self-employed person has attained 45 years of age on 1st January in that relevant year and is not a relevant public officer for the whole or any part of that relevant year.”.
Amendment of Schedule
3.  The Schedule to the Central Provident Fund ( Self-Employed Persons) Regulations is amended by deleting item 6 and substituting the following items:
6. 1st January to 31st December 1997 and every subsequent year beginning 1st January and ending 31st December
(a) For a self-employed person who has not attained 35 years of age on 1st January 1997 or any subsequent year —
An amount equivalent to 6% of the income for that year subject to a maximum of $4,320 ;
 
(b) For a self-employed person who has attained 35 years of age but has not attained 45 years of age on 1st January 1997 or any subsequent year —
An amount equivalent to 8% of the income for that year subject to a maximum of $5,040 .
7. 1st January to 31st December 1998 and every subsequent year beginning 1st January and ending 31st December
For a self-employed person who has attained 45 years of age on 1st January 1998 or any subsequent year —
An amount equivalent to 8% of the income for that year subject to a maximum of $5,760.
”.

Made this 8th day of January 1998.

TAN CHIN NAM
Permanent Secretary,
Ministry of Labour,
Singapore.
[ML C15.1.1/83; AG/LEG/SL/36/97/1 Vol.1]
(To be presented to Parliament under section 78(2) of the Central Provident Fund Act).