On 21/05/2013,
you requested for the version in force on 21/05/2013
incorporating all amendments published on or before 21/05/2013.
The closest version currently available is that of 01/06/2012.
13.
—(1) Every approved person shall maintain records in such form as the Director may determine of —
(a)
the account number of the Child Development Account out of which payment is made to the approved institution in respect of a member or his sibling;
[S 179/2007 wef 01/05/2007]
[S 226/2011 wef 01/05/2011]
(b)
the particulars of the member or sibling in respect of whom the payment is made;
(c)
the amount paid out of the Child Development Account;
[S 226/2011 wef 01/05/2011]
(d)
the purpose of the payment; and
(e)
the date of the payment.
(2) The records referred to in paragraph (1) shall —
(a)
be kept for a period of 3 years from the date of the withdrawal of the member or his sibling from the approved institution; and
(b)
be kept confidential and not be inspected by any person other than —
(i)
a person authorised by the Director;
(ii)
an employee of the approved person who has been authorised in writing by the approved person to inspect such records;
(iii)
the trustee of the Child Development Account or, where the parent of the member is not the trustee, the parent; and
[S 226/2011 wef 01/05/2011]
(iv)
any other person empowered or authorised to inspect such records under any written law for the time being in force.