Central Provident Fund (Minimum Sum Scheme) (Amendment No. 2) Regulations 2013

Status:

Published in Subsidiary Legislation Supplement
on 30 Dec 2013

No. S 850

Central Provident Fund Act

(CHAPTER 36)

Central Provident Fund
(Minimum Sum Scheme)
(Amendment No. 2) Regulations 2013

In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act, Mr Tan Chuan-Jin, Senior Minister of State, charged with the responsibility of 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 (Minimum Sum Scheme) (Amendment No. 2) Regulations 2013 and shall come into operation on 1st January 2014.

Amendment of regulation 10

2. Regulation 10 of the Central Provident Fund (Minimum Sum Scheme) Regulations (Rg 16) is amended —

(a)	by inserting, immediately after the words “that bank” in paragraph (1), the words “before 1st January 2014”; and
(b)	by inserting, immediately after the words “the Board shall” in paragraph (2), the words “(before 1st January 2014)”.

Amendment of regulation 15

3. Regulation 15 of the Central Provident Fund (Minimum Sum Scheme) Regulations is amended —

(a)	by inserting, immediately after the words “another approved bank” in paragraph (1), the words “before 1st January 2014”;
(b)	by inserting, immediately after the words “or does not” in paragraph (2), the words “(before 1st January 2014)”; and
(c)	by inserting, immediately after the words “or does not” in paragraph (3), the words “(before 1st January 2014)”.

[G.N. Nos. S 503/2007; S 707/2007; S 396/2009; S 341/2010; S 263/2012; S 708/2012; S 481/2013]

Made this 30th day of December 2013.

CHAN HENG KEE

Permanent Secretary,
Ministry of Manpower,
Singapore.

[MMS 7/68 V57; AG/LLRD/SL/36/2010/15 Vol. 1]

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

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