

On 24/05/2013,
you requested for the version in force on 24/05/2013
incorporating all amendments published on or before 24/05/2013.
The closest version currently available is that of 16/12/2008.

4. Section 10C of the principal Act is amended by deleting subsection (4) and substituting the following subsection:
“(4) Notwithstanding subsection (1)(a), where on or after 1st January 2007, contributions are made by any employer for any year to the medisave account of an employee maintained under the Central Provident Fund Act (Cap. 36), such contributions up to $1,500 for that year shall, subject to subsections (5) and (6), not be deemed to be income accruing to the employee.”.



