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← Education Endowment and Savings Schemes Act 1992

Education Endowment and Savings Schemes Act 1992 s 13

s 13 Conditions for withdrawal from Edusave Pupils Fund

13.—(1) Any money standing to the credit of any member of the Edusave Pupils Fund in his or her Edusave account may be withdrawn from that Fund with the authority of the Edusave Scheme Administrator in accordance with this section and section 14.[33/2014] (2) Subject to this section, the parent of a member of the Edusave Pupils Fund below 21 years of age, or a member of that Fund who has attained 21 years of age, is entitled to withdraw at any time the sum standing to the member’s credit in his or her Edusave account for the following purposes:(a) where the member is schooling, to defray the whole or part of the member’s expenses as may be necessary to enable the member to take part in any enrichment programme approved by the prescribed school or junior college at which the member is schooling; (b) for any other prescribed purpose.[12 [33/2014]

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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