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 Transfer of member’s moneys in Fund to parent’s retirement account, etc.
19 Moneys transferred to parent’s retirement account to be returned to member’s account on death of parent
20 Withdrawals
21 Charge on immovable property to secure repayment of withdrawals from Fund
22 Provisions which apply to charge under section 15(9)
23 Protection of benefits
24 Moneys payable on death of a member
25 Withdrawals by undischarged bankrupts
26 Nomination to be revoked by marriage
Part IV HOME PROTECTION INSURANCE SCHEME
27 Interpretation
28 Establishment of Home Protection Insurance Scheme
29 Medical condition of member of Scheme
30 Premium
31 Establishment of Home Protection Fund
32 Premium when due
33 Period of cover
34 Amount payable by Board to Housing Authority or approved mortgagee on death or incapacity of a member of Scheme
35 Housing Authority or approved mortgagee to send notice to Board on payment of premium
36 Non-application of Insurance Act
37 Regulations
Part V OFFENCES, PENALTIES AND PROCEEDINGS
38 Offences
39 Publication of information to unauthorised person
40 Offences by corporations
41 Penalties
42 Sanction for prosecution
43 Compounding of offences
44 Saving for criminal proceedings
45 Recovery of sums due to Fund
46 Certificate of authorised officer to be evidence
47 Conduct of prosecutions
Part VI MISCELLANEOUS
48 Protection of employee’s interest in execution proceedings and sale under mortgage or charge
49 Power to exempt
50 Approved employees’ schemes
51 Transfers between approved employees’ schemes and Fund
52 Refund of contributions to Government
53 Transfer to Fund from private provident fund
54 Refund of contributions paid in error
55 Board may engage in activities not directly related to Fund and may call for information
56 Regulations
57 Regulations and rules to be presented to Parliament
58 Reciprocal agreements
Legislative History