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Formal Consolidation |  2006 RevEd
Voluntary maintenance of minimum sum and payment of moneys into parent’s, grandparent’s or spouse’s retirement account
5.—(1)  Any person, whether a member of the Fund or otherwise, who wishes —
(a)to voluntarily maintain a minimum sum with the Board under section 18(1)(b) of the Act; or
(b)to pay money into his parent’s, grandparent’s or spouse’s retirement account under section 18(1)(c) of the Act,
shall make an application to the Board in such form and supported by such evidence as the Board may require.
(2)  The Board may grant the application made under paragraph (1) subject to such terms and conditions as the Board may impose.
Informal Consolidation | Amended S 513/2007
Payment of moneys into parent’s, grandparent’s, spouse’s or sibling’s retirement account, and voluntary maintenance of sum in retirement account
5.—(1)  Any person, whether a member of the Fund or otherwise, who wishes —
(a)to pay money into his parent’s, grandparent’s, spouse’s or sibling’s retirement account under section 18(1)(b) of the Act; or
(b)to voluntarily maintain in a retirement account, under section 18(1)(c) of the Act, a minimum sum or any other sum not exceeding the prevailing minimum sum,
shall make an application to the Board in such form and supported by such evidence as the Board may require.
(2)  The Board may grant an application made under paragraph (1) subject to such terms and conditions as the Board may impose.
[S 513/2007 wef 01/10/2007]