On 23/05/2013,
you requested for the version in force on 23/05/2013
incorporating all amendments published on or before 23/05/2013.
The closest version currently available is that of 01/01/2013.
15.
—(1) The Board may, from time to time, approve —
(a)
any bank with which a member may deposit the amount referred to in section 15(6C)(b) of the Act; or
(b)
any annuity which a member may purchase from an insurer using the amount referred to in section 15(6C)(b) of the Act.
[S 394/2009 wef 01/09/2009]
(2) Any bank approved by the Board or any insurer whose annuity has been approved by the Board under paragraph (1) shall comply with the provisions of the Act, these Regulations and the terms, conditions and directions imposed or given by the Board relating to the minimum sum scheme.