Skills Development Levy (Prescribed Purposes) Regulations

Status:

Current version
as at 29 Nov 2024

Skills Development Levy Act

(Chapter 306, Sections 8(2)(d) and 23)

Skills Development Levy (Prescribed Purposes) Regulations

Rg 1

REVISED EDITION 1995

(1st April 1995)

[23rd July 1993]

Citation

1. These Regulations may be cited as the Skills Development Levy (Prescribed Purposes) Regulations.

Prescribed purposes

2.—(1) Moneys of the Skills Development Fund may from time to time be paid out and expended for the purpose of —

(a)

providing grants to any company, variable capital company or firm wholly or substantially owned by citizens or permanent residents of Singapore and to any organisation for engaging any consultant to assist in upgrading the business operation or training programme of the company, variable capital company, firm or organisation with the object of promoting or developing the skills or expertise of persons in employment;

[S 463/2020 wef 15/06/2020]

(b)

providing grants to the National Trades Union Congress, a trade union registered under the Trade Unions Act (Cap. 333), to defray or subsidise the costs it incurs in promoting or developing the skills and expertise of its members who are persons in employment or in retraining its retrenched members; or

(c)

providing grants to any of the following organisations to defray or subsidise the costs any such organisation incurs in promoting or developing the skills and expertise of persons in employment or in retraining retrenched persons:

(i)	the Chinese Development Assistance Council, a company limited by guarantee and incorporated under the Companies Act (Cap. 50);
(ii)	the Yayasan Mendaki, a company limited by guarantee and incorporated under the Companies Act;
(iii)	the Singapore Indian Development Association, a society registered under the Societies Act (Cap. 311);
(iv)	the Eurasian Association, Singapore, a society registered under the Societies Act; and
(v)	the Association of Muslim Professionals, an institution registered as a charity under the Charities Act (Cap. 37).

(2) For the purposes of paragraph (1)(c), “persons in employment” shall not include persons who volunteer their services to further the objects of any organisation referred to in that regulation.

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