Central Provident Fund (Minimum Sum Topping-Up Scheme) (Amendment) Regulations 1998

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Published in Subsidiary Legislation Supplement
on 26 Jun 1998

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No. S 349

Central Provident Fund Act

(Chapter 36)

Central Provident Fund (Minimum Sum
Topping-up Scheme) (Amendment)
Regulations 1998

In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act, the Minister for Manpower, 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 (Minimum Sum Topping-Up Scheme) (Amendment) Regulations 1998 and shall come into operation on 1st July 1998.

Amendment of regulation 3

2. Regulation 3(3) of the Central Provident Fund (Minimum Sum Topping-Up Scheme) Regulations (Rg 3) (referred to in these Regulations as the principal Regulations) is amended —

(a)	by deleting “$100,000” and substituting “$110,000”; and
(b)	by deleting “$24,000” and substituting “$32,000”.

Amendment of regulation 5

3. Regulation 5 of the principal Regulations is amended —

(a)	by deleting “$100,000” in the fourth line and substituting “$110,000”; and
(b)	by deleting “$24,000” in paragraph (a) and substituting “$32,000”.

Amendment of regulation 6

4. Regulation 6 of the principal Regulations is amended by deleting “$50,000” in paragraph (b) and substituting “$55,000”.

Made this 18th day of June 1998.

TAN CHIN NAM

Permanent Secretary,
Ministry of Manpower,
Singapore.

[ML S5.2R/85 V2; AG/LEG/SL/36/97/7 Vol. 1]

(To be presented to Parliament under section 78(2) of the Central Provident Fund Act).