Are eligible institutions required to register all of its business entities/centres belonging to the same Company as a Baby Bonus AI?
Under the Approved Person/Institution Terms and Conditions, each business outlet or centre belonging to the same eligible institution must be independently registered as an AI before it can deduct funds from the CDA for approved uses.
For example, if a company owns 3 business outlets in Ang Mo Kio, Bedok, and Clementi, all three outlets must be registered independently as an AI before they can deduct funds from the CDA for approved uses.
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