Central Provident Fund (Self-Employed Persons) (Amendment No. 3) Regulations 2010

Status:

Published in Subsidiary Legislation Supplement
on 30 Dec 2010

No. S 817

Central Provident Fund Act

(Chapter 36)

Central Provident Fund (Self-employed Persons) (Amendment No. 3) Regulations 2010

In exercise of the powers conferred by section 77(1)(a) and (e) of the Central Provident Fund Act, the Minister for Manpower, after consulting 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 No. 3) Regulations 2010 and shall come into operation on 1st January 2011.

New regulation 17A

2. The Central Provident Fund (Self-Employed Persons) Regulations (Rg 25) are amended by inserting, immediately after regulation 17, the following regulation:

“Moneys received under nomination by memorandum

17A. Where any sum has been transferred to a self-employed person’s accounts in the Fund in accordance with section 25(1)(a)(ii) of the Act, the Board may apply the whole or any part of that sum towards any contribution or interest which is or may become payable by the person to the Board under regulation 4, 5, 6, 8 or 15 for any relevant year.”.

[G.N. Nos. S 321/2007; S 506/2007; S 745/2007; S 146/2008; S 513/2008; S 3/2010; S 153/2010; S 484/2010]

Made this 23rd day of December 2010.

LOH KHUM YEAN

Permanent Secretary,
Ministry of Manpower,
Singapore.

[MMS 7/68 V54; AG/LLRD/SL/36/2010/24 Vol. 1]

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

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