2.—(1) Anis Bin Mohamad Mansor (NRIC No. S1204257D) is hereby exempted from the application of section 6 of the Act in respect of —| (a) | the surrender of his Prudential Insurance Policy No. 08978974 with Prudential Assurance Company Singapore (Pte) Limited; and | | (b) | the deposit of moneys received from the surrender of, and the investment profits earned under, the policy referred to in sub‑paragraph (a), subject to the condition that those moneys are deposited in the bank account of Faridah Binte Seman (NRIC No. S1480903A) designated in the notice of exemption issued to Anis Bin Mohamad Mansor and Faridah Binte Seman dated 15th July 2013. |
(2) Faridah Binte Seman is also exempted from the application of section 6 of the Act in respect of —| (a) | any withdrawal from that bank account designated in the notice of exemption referred to in sub‑paragraph (1); and | | (b) | the use of the sums withdrawn therefrom. |
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| (3) The exemption in respect of the activity referred to in sub‑paragraph (2)(b) is subject to the conditions stated in the notice of exemption. |
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