| SECOND SCHEDULE |
| Paragraph 3 |
| 1. Sections 47, 48, 48B, 49, 52 and 56(1)(b), (j) and (l) of the Act shall not apply to the NTUC Income Insurance Co-operative Limited. |
| 2. For the avoidance of doubt, the exemptions in paragraph 1 shall not extend to any assignee or purchaser of any such flat from the NTUC Income Insurance Co-operative Limited. |