Central Provident Fund Act(CHAPTER 36)
Table of Contents
Long Title
Part I PRELIMINARY
1 Short title
2 Interpretation
3 Establishment and constitution of Central Provident Fund Board
4 Membership of Board
5 Appointment of inspectors
Part II CONTRIBUTIONS TO THE FUND
6 Establishment of Central Provident Fund
7 Rates of contributions
8 Agreement by statutory, body to pay excess contributions deemed void
9 Payment of interest on contributions in arrears
10 Expenses
11 Statement of accounts
12 Contributions to be paid into Fund
13 Crediting of contributions into subsidiary accounts
14 Payment of cash grant by Government into Fund
Part III WITHDRAWAL OF CONTRIBUTIONS
15 Authorisation and conditions for withdrawal from Fund
16 Restrictions on withdrawal from medisave account
17 Withdrawal from special account for payment of housing loan
18 Withdrawals
19 Charge on immovable property to secure repayment of withdrawals from Fund
20 Protection of benefits
21 Moneys payable on death of a member
22 Withdrawals by undischarged bankrupts
23 Nomination to be revoked by marriage
Part IV HOME PROTECTION INSURANCE SCHEME
24 Interpretation
25 Establishment of Home Protection Insurance Scheme
26 Establishment of Home Protection Fund
27 Premiums when due
28 Period of cover
29 Amount payable by Board to Housing Authority or the approved mortgagee on death or incapacity of a member under Scheme
30 Housing Authority or the approved mortgagee to send notice to Board on execution of mortgage
31 Exemption from Scheme
32 Non-application of Insurance Act
33 Regulations
Part V OFFENCES, PENALTIES AND PROCEEDINGS
34 Offences
35 Publication of information to unauthorised person
36 Offences by corporations
37 Penalties
38 Sanction for prosecution
38A Compounding of offences
39 Saving for criminal proceedings
40 Recovery of sums due to Fund
41 Certificate of authorised officer to be evidence
42 Conduct of prosecutions
Part VI MISCELLANEOUS
43 Protection of employee’s interest in execution proceedings and sale under mortgage or charge
44 Power to exempt
45 Approved employees’ schemes
46 Transfers between approved employees’ schemes and Fund
47 Refund of contributions to Government
48 Transfer to Fund from private provident fund
49 Refund of contributions paid in error
50 Board may engage in activities not directly related to Fund and may call for information
51 Regulations
52 Regulations and rules to be presented to Parliament
53 Reciprocal agreements
Legislative History