Central Provident Fund Act |
Central Provident Fund (Exemption in Respect of Voluntary Contributions) Order 2003 |
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Citation and commencement |
1. This Order may be cited as the Central Provident Fund (Exemption in Respect of Voluntary Contributions) Order 2003 and shall be deemed to have come into operation on 1st January 2003. |
Exemption |
2. Section 13B(2) of the Act shall not apply to an employee in respect of contributions made by his employer under section 7(4)(c) of the Act specifically for the purposes of his medisave account up to $1,500 per year. |
Made this 28th day of July 2003.
Permanent Secretary, Ministry of Manpower, Singapore. |
[MMC 18.3/01; AG/LEG/SL/36/2002/6 Vol. 1] |