Central Provident Fund (Investment Schemes) (Amendment No. 5) Regulations 1999

Status:

Published in Subsidiary Legislation Supplement
on 29 Nov 1999

No. S 517

Central Provident Fund Act

(Chapter 36)

Central Provident Fund (Investment Schemes) (Amendment No. 5) 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 No. 5) Regulations 1999 and shall come into operation on 1st December 1999.

Amendment of regulation 2

2. Regulation 2 of the Central Provident Fund (Investment Schemes) Regulations (Rg 9) (referred to in these Regulations as the principal Regulations) is amended —

(a)

by deleting paragraph (a) of the definition of “securities” and substituting the following paragraph:

“(a)	fully paid-up ordinary or preference shares and loan stocks or bonds of companies incorporated in Singapore which are quoted on the Stock Exchange of Singapore and are denominated in Singapore currency;”; and

(b)

by deleting paragraphs (b) and (i) of the definition of “securities”.

Amendment of regulation 4

3. Regulation 4 of the principal Regulations is deleted.

Amendment of regulation 25

4. Regulation 25 of the principal Regulations is amended by deleting paragraph (6).

[G.N. Nos. S 432/98; S 521/98; S 548/98; S 43/99; S 86/99; S 201/99; S 351/99]

Made this 26th day of November 1999.

TAN CHIN NAM

Permanent Secretary,
Ministry of Manpower,
Singapore.

[MM S 8.1/97 T2; AG/LEG/SL/36/97/1 Vol. 1]

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

Search within Legislation