No. S 484
Central Provident Fund Act
(Chapter 36)
Central Provident Fund (Government Employees) (Amendment) Regulations 2001
In exercise of the powers conferred by section 77(1)(o) 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 (Government Employees) (Amendment) Regulations 2001 and shall come into operation on 1st October 2001.
Amendment of regulation 2
2.  Regulation 2 of the Central Provident Fund (Government Employees) Regulations (Rg 23) is amended by inserting, immediately after the definition of “foreign employee”, the following definition:
“ “INVEST Plan” means the INVEST Plan established by the Home Affairs Uniformed Services (INVEST Plan) Regulations 2001 (G.N. No. S 486/2001);”.
New regulation 6
3.  The Central Provident Fund (Government Employees) Regulations are amended by inserting, immediately after regulation 5, the following regulation:
“Contributions payable in respect of senior police officers under INVEST Plan
6.—(1)  The contributions payable in respect of employees in the regular service of the Police (Senior) Service who are members of the INVEST Plan shall be in accordance with the rates set out in the First Schedule.
(2)  Any award under the INVEST Plan comprising moneys in the INVEST Plan CPF Top-Up Account of an employee referred to in paragraph (1) shall be credited to that employee’s account with the Fund, except that the moneys may be used to set-off against any sum owing to the Government by that employee when he leaves the employment of the Police (Senior) Service or is no longer a member of the INVEST Plan.”.
[G.N. Nos. S 185/98; S 644/98; S 155/2000; S 614/2000]

Made this 1st day of October 2001.

TAN CHIN NAM
Permanent Secretary,
Ministry of Manpower,
Singapore.
[MMS 9/73 T6; AG/LEG/SL/36/97/4 Vol. 2]
(To be presented to Parliament under section 78(2) of the Central Provident Fund Act).
Singapore Statutes Online
© 2024 Attorney-General's Chambers of Singapore,
Last updated 21 Nov 2024
Singapore Statutes Online is provided by the Legislation Division of the Attorney-General's Chambers of Singapore.