by executing a memorandum in Form A, 1A, 2A, 3A, 4A, 5A, 6A(1) or 6A(2) set out in the Schedule, nominate any person to receive the whole or any portion of —
(i)
the amount payable on the member’s death out of the Fund under section 20(1)(b) or (1A) of the Act by the payment of that portion to that person; or
(ii)
any shares designated under section 26(1) of the Act; or
(b)
by executing a memorandum in Form 6A(2) set out in the Schedule, nominate any person, being a citizen or permanent resident of Singapore at the time the Board is satisfied that the memorandum is duly executed, to receive the whole or any portion of —
(i)
the amount payable on the member’s death out of the Fund under section 20(1)(b) or (1A) of the Act —
(A)
subject to sub-paragraph (B), by the transfer of that portion to that person’s accounts in the Fund in such manner as the member may specify in the memorandum; or
(B)
if that portion exceeds such maximum amount as the Minister may determine, by the transfer of that maximum amount to that person’s accounts in the Fund in such manner as the member may specify in the memorandum, and by the payment of the excess to that person; or
(ii)
any shares designated under section 26(1) of the Act.
[S 814/2010 wef 01/01/2011]
(2) Every nomination made under paragraph (1) shall —
(a)
be signed by the member in the presence of 2 witnesses; and
(b)
contain an attestation by those witnesses to the signature of the member.