Central Provident Fund (Retirement Sum Topping-Up Scheme) (Amendment) Regulations 2024

Status:

Published in Subsidiary Legislation Supplement
on 28 Mar 2024

No. S 273

Central Provident Fund Act 1953

Central Provident Fund
(Retirement Sum Topping-Up 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 (Retirement Sum Topping-Up 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 8

2. In the Central Provident Fund (Retirement Sum Topping‑Up Scheme) Regulations (Rg 3) (called in these Regulations the principal Regulations), in regulation 8(3)(b), (4)(b) and (5)(b), replace “or (c) of the Act” with “of the Act or a former provision,”.

Amendment of Second Schedule

3. In the principal Regulations, in the Second Schedule —

(a)

replace item 14 with —

“

14.	Regulation 8(3)(b) and (4)(b) (first occurrence of “former provision”)

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

14A.	Regulation 8(3)(b) and (4)(b) (second occurrence of “former provision”)

Section 15(2)(g) of the Act as in force before 1 March 2022

”; and

(b)

replace item 17 with —

“

17.	Regulation 8(5)(b) (first occurrence of “former provision”)

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

18.	Regulation 8(5)(b) (second occurrence of “former provision”)

Section 15(2)(g) of the Act as in force before 1 March 2022

”.

Miscellaneous amendments

4. In the principal Regulations —

(a)

in regulation 3(1), in the definition of “applicable property charge”, replace “27C(1)(v), 27D(1)(v)(B), 27DA(1)(v), 27DB(2)(e), 27E(1)(iv) or 27F(1)(iv)” with “27C(1)(i), 27D(1)(j)(ii), 27DA(1)(i), 27DB(2)(e), 27E(1)(h) or 27F(1)(h)”;

(b)

in the following provisions, replace “section 27D(1)(v)(A)” with “section 27D(1)(j)(i)”:

Regulation 3(1), definition of “applicable property charge”

Regulation 8(2)(a) and (5)(f);

(c)

in regulation 8(2)(a) and (4A), replace “section 27C(1)(v), 27D(1)(v)(B), 27DA(1)(v)” wherever it appears with “section 27C(1)(i), 27D(1)(j)(ii), 27DA(1)(i)”;

(d)

in regulation 8(2A), replace “section 27C(1)(v), 27D(1)(v), 27DA(1)(v)” with “section 27C(1)(i), 27D(1)(j), 27DA(1)(i)”;

(e)

in regulation 8(5), replace “section 27D(1)(vi)” with “section 27D(1)(k)”; and

(f)

in regulation 8(6), replace “27E(1)(iv) or 27F(1)(iv)” with “27E(1)(h) or 27F(1)(h)”.

[G.N. Nos. S 513/2007; S 510/2008; S 105/2009; S 395/2009; S 340/2010; S 723/2011; S 44/2012; S 262/2012; S 537/2012; S 705/2012; S 478/2013; S 851/2013; S 442/2014; S 31/2015; S 853/2015; S 734/2016; S 344/2017; S 787/2017; S 596/2018; S 367/2019; S 883/2019; S 198/2020; S 216/2021; S 846/2021; S 1015/2021; S 138/2022; S 283/2022; S 715/2022; S 304/2023]

Made on 28 March 2024.

NG CHEE KHERN

Permanent Secretary,
Ministry of Manpower,
Singapore.

[Plg&Pol/CPFPol/Legis/CPFSL/2024; AG/LEGIS/SL/36/2020/12 Vol. 2]

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

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