Central Provident Fund (Approved HDB-HUDC Housing Scheme) Regulations

  Table of Contents

1 Citation

2 Definitions

3 Withdrawal of moneys in Fund for payment of deposit for purchase of property

4 Withdrawal of moneys in Fund for purchase of property or repayment of housing loan or for both

5 Withdrawal of moneys in Fund for payment of fees and other charges in connection with purchase of property

6 Moneys withdrawn from Fund to be paid by Board to approved persons

7 Repayment to Board of moneys withdrawn from Fund

8 No repayment of moneys is required on death of a member or if withdrawal is authorised by section 15

9 Repayment of moneys to Board is required if no property is purchased

10 Member may sell, transfer, assign, etc, the property subject to Board’s approval

11 Repayment of moneys to Board in cases where property is compulsorily acquired by the Housing and Development Board

12 Repayment of moneys is required in cases where property is vested in the Housing and Development Board

13 Repayment of moneys is required in cases where agreement for the purchase of property is void or rescinded by the court

14 Withdrawal of moneys in Fund permitted for purchase of only one property

15 Application for withdrawal of moneys in Fund

  Legislative History