SINGAPORE: Parliament has passed a law to deal with the abuse of SkillsFuture funding, including false or misleading advertisements about Government-funded courses.
Amendment to the SkillsFuture Singapore Agency and Skills Development Levy Bills now provides that entering into or facilitating an abusive funding arrangement is now an offence.
The definition of an abusive funding arrangement is when a person receives funding they would not have obtained, or more than they would have obtained from the agency.
The person must also have known or had reason to believe that it is fraudulent and intentionally induces SkillsFuture Singapore (SSG) into providing funds to them/
They must also have entered the arrangement with the intention to dishonestly induce SSG to provide funding to them, or someone else.
Those convicted of this offence can be held responsible for the amount they wrongly obtained or would have received.
They can also be fined up to S$10,000 or imprisoned for up to three years, said the Ministry of Education (MOE) and SSG in a joint press release on Tuesday.