Central Provident Fund (Education Scheme) (Amendment) Regulations 1998

Status:

Published in Subsidiary Legislation Supplement
on 03 Apr 1998

No. S 199

Central Provident Fund Act

(Chapter 36)

Central Provident Fund (Education Scheme)
(Amendment) Regulations 1998

In exercise of the powers conferred by section 23 of the Central Provident Fund Act, the Minister for Manpower hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Central Provident Fund (Education Scheme) (Amendment) Regulations 1998 and shall be deemed to have come into operation on 1st April 1998.

Amendment of regulation 5

2. Regulation 5 of the Central Provident Fund (Education Scheme) Regulations (Rg 18) is amended by deleting paragraph (3) and substituting the following paragraphs:

“(3) A member, his child or relative shall not be required to refund to the Board any money withdrawn under these Regulations on the occurrence of any of the following events:

(a)

on the death of the member;

(b)

on the death or incapacity of the member’s child or relative in respect of whom such withdrawals were made;

(c)

if —

(i)	the member has applied, in such form as the Board may require, for the repayment to be waived under this sub-paragraph;
(ii)	the Board is satisfied that the member is entitled to withdraw the sum standing to his credit in the Fund and has complied with the requirements relating to the minimum sum under section 15 of the Act; and
(iii)	the Board approves the member’s application referred to in sub-paragraph (i); or

(d)

where the money was withdrawn under these Regulations by the member for a course of study pursued by him, if the Board is satisfied that the member has withdrawn the sum standing to his credit in the Fund and has complied with the requirements relating to the minimum sum under section 15 of the Act.

(4) In granting its approval under paragraph (3)(c)(iii), the Board may impose such terms and conditions as it thinks fit.”.

Deletion and substitution of regulation 7

3. Regulation 7 of the Central Provident Fund (Education Scheme) Regulations is deleted and the following regulation substituted therefor:

“Bankruptcy

7.—(1) Where a member is adjudicated a bankrupt after he has made an application to make withdrawals under these Regulations for the payment of tuition fees for any course of study pursued by the member at an approved tertiary institution, the Board may, notwithstanding his bankruptcy, permit him to make withdrawals for the payment of the tuition fees, subject to such terms and conditions as the Board may impose.

(2) Where a member is an undischarged bankrupt, the Board may permit him to make withdrawals under these Regulations for the payment of tuition fees for any course of study pursued by his child or relative at an approved tertiary institution, subject to such terms and conditions as the Board may impose.”.

Made this 1st day of April 1998.

TAN CHIN NAM

Permanent Secretary,
Ministry of Manpower,
Singapore.

[MLS 2.2/80 V8; AG/LEG/SL/36/97/5 Vol. 1]

(To be presented to Parliament under section 78(2) of the Central Provident Fund Act).

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