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Skills Development Fund (Amendment) Act 2026 · s 28

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s 28Amendment of section 51

Section 51 of the principal Act is amended—

(a)

in the shoulder note, by inserting after the words

“skills training loan” the words “or skills training financial assistance”;

(b)

in subsection (1)—

(i)

by inserting after the words “The skills training loan” the words “or skills training financial assistance”; and

(ii)

by substituting for the words “approved training programmes” the words “approved skills training programmes”; and

(a)

prescribe such means test as the Corporation deems necessary and expedient in order to determine and select trainees who are eligible for the skills training loan or skills training financial assistance; and

(b)

require by written notice, the trainees or skills training provider, as the case may be, to provide additional documents and information within the period specified in such notice at any time after the application for skills training loan or skills training financial assistance has been approved but before the skills training loan or skills training financial assistance is disbursed.”.

(c)

by substituting for subsection (2) the following subsection:

“(2)  For the purposes of subsection (1), the

Corporation may—