18
NO. 13 OF 2001
Consequential amendment to Education Endowment Scheme Act
22. Section 7 of the Education Endowment Scheme Act (Cap. 87A) is amended by deleting subsection (1) and substituting the following subsection:
- "(1) For the purposes of this Act, there shall be established a fund to be called the Edusave Pupils Fund into which shall be paid—
- (a) all contributions under section 9;
- (b) all income of that Fund; and
- (c) all moneys to be transferred to a member’s Edusave account under the Children Development Co-Savings Act 2001,
- and out of which shall be met all payments authorised to be paid under this Act.".
