Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 208

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 208
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 to work for more than 12 hours in any one day except in specified circumstances, such as where the work is essential to the life of the community, defense of security. In addition, Section 38(5) of the EA limits the extent of overtime work that an employee can perform to 72 hours a month. Employers must seek the prior approval of the Commissioner for Labour (“Commissioner”) for exemption if they require an employee or a class of employees to work for more than 12 hours a day or work overtime for more than 72 hours a month. The Commissioner may, after considering the operational needs of the employer and the health and 127 safety of the relevant employee or class of employees, by order in writing exempt such relevant employees from the overtime limits subject to such conditions as the Commissioner thinks fit. Where such exemptions have been granted, the employer shall display the order or a copy thereof conspicuously in the place where such employees are employed. Aside from minimum benefits in respect of the aforesaid terms of employment in the EA, other employment -relatedbenefits which are prescribed by law include (i) contributions to be made by an employer to the Central Provident Fund, under the Central Provident Fund Act 1953 of Singapore, in respect of each employee who is a citizen or permanent resident of Singapore, (ii) provision of statutory maternity, paternity, childcare and adoption leave benefits (subject to the fulfilment of certain eligibility criteria) under the Child Development Co -SavingsAct 2001 of Singapore, (iii) statutory protections against dismissal on the grounds of age, and statutory requirements to offer re -employmentto an employee who attains the prescribed minimum requirement age, under the Retirement and Re -employmentAct 1993 of Singapore, and (iv) statutory requirements relating to work injury compensation, and workplace safety, health and welfare, under the Work Injury Compensation Act 2019 of Singapore and the Workplace Safety and Health Act 2006 of Singapore, respectively. In relation to the contributions made by an employer to the Central Provident Fund, the specific contribution rate varies depending on whether the employee is a Singapore citizen or permanent resident in the private or public sector and the age group and wage band of the employee. Generally, for employees who are Singapore citizens in the private sector or non -pensionableemployees in the public sector, 55 years old or below and that earn more than S$750 (approximately US$545) a month, the employer’s contribution rate is 17% of the