Central Provident Fund (MediShield Scheme — Exemption) Notification

Status:

Revised Edition
published on 31 Mar 2005

Central Provident Fund Act

(Chapter 36, regulation 3(1)(f) of the Central Provident Fund (MediShield Scheme) Regulations (Rg 20))
AND
cENTRAL PROVIDENT FUND
(MEDISHIELD SCHEME)
REGULATIONS

Central Provident Fund (MediShield Scheme — Exemption) Notification

N 1

G.N. No. S 361/2003

REVISED EDITION 2005

(31st March 2005)

[1st August 2003]

Citation

1. This Notification may be cited as the Central Provident Fund (MediShield Scheme — Exemption) Notification.

Exemption from MediShield Scheme

2.—(1) Any member —

(a)	who has made any voluntary contribution to the Fund or has received any cash grant from the Government under section 14 of the Act; and
(b)	who was not insured under the MediShield Scheme established under section 53 of the Act immediately before the voluntary contribution to the Fund or the grant by the Government was made,

shall be exempted from the Scheme.

(2) For the purpose of sub‑paragraph (1), “voluntary contribution” does not include any contributions paid by an employer under section 7 (4) (c) of the Act specifically for the purposes of the medisave account of his employee, to the extent of $1,500 of such contributions per year.

[G.N. No. S 361/2003]

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