Central Provident Fund (Residential Properties Scheme) (Amendment) Regulations 2024

Status:

Published in Subsidiary Legislation Supplement
on 28 Mar 2024

No. S 270

Central Provident Fund Act 1953

Central Provident Fund
(Residential Properties Scheme)
(Amendment) Regulations 2024

In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act 1953, the Minister for Manpower, after consulting with the Central Provident Fund Board, makes the following Regulations:

Citation and commencement

1.—(1) These Regulations are the Central Provident Fund (Residential Properties Scheme) (Amendment) Regulations 2024 and, except for regulation 4, come into operation on 1 April 2024.

(2) Regulation 4 is deemed to have come into operation on 31 December 2021.

Amendment of regulation 28

2. In the Central Provident Fund (Residential Properties Scheme) Regulations (Rg 6) (called in these Regulations the principal Regulations), in regulation 28(4)(ii), replace “or (c) of the Act” with “of the Act or a former provision”.

Amendment of Schedule

3. In the principal Regulations, in the Schedule, after item 2, insert —

“

2A.	Regulation 28(4)(ii)

Section 15(2)(b) or (c) of the Act as in force before 1 April 2024

”.

Miscellaneous amendments

4. In the principal Regulations —

(a)

in regulation 2(1), in the definition of “HDB flat”, replace “Part IV or IVB of the Housing and Development Act (Cap. 129)” with “Part 4 or 4B of the Housing and Development Act 1959”;

(b)

in regulation 2(1), in the definition of “Minister for Finance”, replace “(Cap. 183)” with “1959”;

(c)

in regulation 2(1), in the definition of “Town Council”, replace “(Cap. 329A)” with “1988”;

(d)

in the following provisions, replace “(Cap. 158)” with “1967”:

Regulation 6(1)(ii)

Regulation 7(1)

Regulation 23(1) and (4), definition of “common property”;

(e)

in the following provisions, replace “Part IVA of the Housing and Development Act (Cap. 129)” with “Part 4A of the Housing and Development Act 1959”:

Regulation 8(1)(a)(i)

Regulation 22(1)(a)(i);

(f)

in the following provisions, replace “Part IVA of the Town Councils Act (Cap. 329A)” with “Part 4A of the Town Councils Act 1988”:

Regulation 8(1)(a)(ii)

Regulation 22(1)(a)(ii);

(g)

in the following provisions, replace “(Cap. 152)” with “1966”:

Regulation 8A(1)(b)

Regulation 28(1)(b)(ii);

(h)

in regulation 8A(1)(c), after “Land Acquisition Act”, insert “1966”;

(i)

in regulation 23(4), in the definition of “relevant property”, after “Land Titles (Strata) Act”, insert “1967”;

(j)

in the following provisions, replace “section 27C(1)(iii), 27DA(1)(iii), 27DB(2)(c) or 27E(1)(ii)” with “section 27C(1)(g), 27DA(1)(g), 27DB(2)(c) or 27E(1)(f)”:

Regulation 25(1)(b)

Regulation 26(1)(b)

Regulation 27(2)(a)(ii)

Regulation 28(1)(a)(ii) and (4)(b);

(k)

in the following provisions, replace “section 27C(1)(i)” wherever it appears with “section 27C(1)(e)”:

Regulation 26(4)(a) and (5), definition of “relevant amount”, paragraph (a)(ii)

Regulation 28(6), definition of “relevant amount”, paragraph (a)(ii);

(l)

in the following provisions, replace “section 27DA(1)(i)” wherever it appears with “section 27DA(1)(e)”:

Regulation 26(4)(aa) and (5), definition of “relevant amount”, paragraph (b)(ii)

Regulation 28(6), definition of “relevant amount”, paragraph (b)(ii);

(m)

in the following provisions, replace “section 27E(1)(i)” with “section 27E(1)(e)”:

Regulation 26(4)(b) and (5), definition of “relevant amount”, paragraph (c)(ii)

Regulation 28(6), definition of “relevant amount”, paragraph (c)(ii);

(n)

in regulation 26(4)(b), replace “section 27E(1)(i)(A), (B) or (C)” with “section 27E(1)(e)(i), (ii) or (iii)”;

(o)

in the following provisions, delete “Cap. 157,”:

Regulation 26(5), definition of “net proceeds”, paragraph (b)(i)(B)

Regulation 28(6), definition of “net proceeds”, paragraph (b)(i)(B);

(p)

in the following provisions, replace “section 27C(1)(iii)” with “section 27C(1)(g)”:

Regulation 26(5), definition of “relevant amount”, paragraph (a)

Regulation 28(6), definition of “relevant amount”, paragraph (a);

(q)

in the following provisions, replace “section 27DA(1)(iii)” with “section 27DA(1)(g)”:

Regulation 26(5), definition of “relevant amount”, paragraph (b)

Regulation 28(6), definition of “relevant amount”, paragraph (b);

(r)

in the following provisions, replace “section 27E(1)(ii)” with “section 27E(1)(f)”:

Regulation 26(5), definition of “relevant amount”, paragraph (c)

Regulation 28(6), definition of “relevant amount”, paragraph (c); and

(s)

in regulation 29(1), replace “27E(2)(ii)” with “27E(2)(e)”.

[G.N. Nos. S 253/2007; S 512/2007; S 584/2007; S 703/2007; S 188/2009; S 445/2009; S 733/2011; S 691/2012; S 385/2013; S 479/2013; S 747/2013; S 237/2015; S 650/2016; S 369/2019; S 218/2021; S 132/2022; S 532/2022]

Made on 28 March 2024.

NG CHEE KHERN

Permanent Secretary,
Ministry of Manpower,
Singapore.

[Plg&Pol/CPFPol/Legis/CPFSL/2024; AG/LEGIS/SL/36/2020/18 Vol. 1]

(To be presented to Parliament under section 78(2) of the Central Provident Fund Act 1953).

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