Section 54
Duty to maintain record of skills training loan
of Skills Development Fund Act 2004
(1)
The Corporation shall cause to be maintained a record of all skills training loans paid out of the Fund and their repayments.
(2)
The record kept and maintained under subsection (1) shall include—
(a)
the particulars of every loan recipient, including his name, identity card number and address;
(b)
the amount of the skills training loan, its repayment schedule, the amount of each repayment required to be made, the date of the commencement of the repayment, and the records of the repayments;
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(c)
the name of the skills training provider where the loan recipient is receiving his training, the approved training programme under which he is receiving his training, the duration of such training and the tentative date of completion of such training; and
(d)
such other particulars as the Corporation deems necessary or expedient for the purposes of the Act.