Comparison View

Formal Consolidation |  1998 RevEd
Multiple nominees
10.  Where there is more than one nominee and a nominee dies before the member, his share of the moneys or any shares in an approved corporation designated under section 26(1) of the Act shall pass to the surviving nominees and shall be shared among them in the same proportion as the respective shares of the surviving nominees bear to each other.
Informal Consolidation | Amended S 286/2022
Multiple nominees
10.  Where there is more than one nominee and a nominee dies before the member, his share of the moneys or any designated shares shall pass to the surviving nominees and shall be shared among them in the same proportion as the respective shares of the surviving nominees bear to each other.
[S 286/2022 wef 01/04/2022]