Central Provident Fund (Investment Schemes) (Amendment) Regulations 1999

Status:

Published in Subsidiary Legislation Supplement
on 04 Feb 1999

No. S 43

Central Provident Fund Act

(Chapter 36)

Central Provident Fund (Investment Schemes) (Amendment) Regulations 1999

In exercise of the powers conferred by section 77(1)(m) 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 (Investment Schemes) (Amendment) Regulations 1999 and shall come into operation on 4th February 1999.

Amendment of regulation 2

2. Regulation 2 of the Central Provident Fund (Investment Schemes) Regulations (Rg 9) is amended —

(a)

by deleting the word "and" at the end of paragraph (i) of the definition of "securities"; and

(b)

by inserting, at the end of paragraph (j) of the definition of "securities", the word "and", and by inserting immediately thereafter the following paragraph:

“(k)	bonds issued by a corporation that are guaranteed by the Government and are approved by the Minister for the purposes of these Regulations;”.

[G.N. Nos. S 432/98; S 521/98; S 548/98]

Made this 3rd day of February 1999.

MOSES LEE

Permanent Secretary,
Ministry of Manpower,
Singapore.

[MM C8.1/97 V3; AG/LEG/SL/36/97/1 Vol. 1]

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

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