Impact of New Financial Deposits and Requirements on Student Care Operators Managing Multiple Centres

Mr Ng Shi Xuan asked the Minister for Education whether the Ministry has assessed (i) the cumulative impact of the new security deposit guarantee on student care operators managing multiple centres, including its effect on banking facilities and working capital (ii) whether financial institutions may require smaller operators to provide cash collateral and (iii) the cliff effect arising from the tiered multipliers when enrolment crosses each 50-student threshold.

Mr Desmond Lee: This question has been addressed by the Written Answer to Oral Question No 68 on 6 October 2026. [Please refer to "Protecting Refunds to Parents and Employee Salaries when Student Care Centres Cease Operations", Official Report, 6 October 2026, Vol 96, Issue 38, Written Answers to Questions for Oral Answer not Answered by End of Question Time section.]