Central Provident Fund (Education Scheme) (Amendment) Regulations 2024

No. S 282

Central Provident Fund Act 1953

Central Provident Fund
(Education Scheme)
(Amendment) Regulations 2024

In exercise of the powers conferred by section 23 of the Central Provident Fund Act 1953, the Minister for Manpower makes the following Regulations:

Citation and commencement

1. These Regulations are the Central Provident Fund (Education Scheme) (Amendment) Regulations 2024 and come into operation on 1 April 2024.

Amendment of regulation 2

2. In the Central Provident Fund (Education Scheme) Regulations (Rg 18) (called in these Regulations the principal Regulations), in regulation 2(1), before the definition of “approved educational institution”, insert —

“ “applicable person” has the meaning given by section 2(1) of the Act and regulation 2(b) of the Central Provident Fund (Prescribed Applicable Person) Regulations 2024 (G.N. No. S 275/2024);”.

Amendment of regulation 3

3. In the principal Regulations, in regulation 3(1), after “A member”, insert “who is an applicable person”.

Replacement of regulation 4

4. In the principal Regulations, replace regulation 4 with —

“Stoppage of withdrawal

4.—(1) The Board must, as soon as practicable, cease to make any further withdrawals from the amount standing to the credit of a member in the Fund —

(a)	upon the Board being satisfied that the member is not an applicable person;
(b)	if the application under regulation 3(1) is approved on or after 1 April 2024 — upon the Board being satisfied that the member’s child or relative (as the case may be) is not an applicable person, unless the Board is satisfied that there is good cause to allow further withdrawals in a particular case; or
(c)	on receipt of a notice under paragraph (2).

(2) A member may, at any time during the course of study pursued by the member or the member’s child or relative at an approved educational institution, by notice in writing inform the Board that the member no longer wishes to make any further withdrawals under these Regulations.”.

Amendment of regulation 5

5. In the principal Regulations, in regulation 5(3) —

(a)

after sub-paragraph (b), insert —

“(ba)

if the Board is satisfied that the member is not an applicable person;”;

(b)

in sub-paragraph (c)(ii), replace “section 15(2)(a), (b) or (c), (3) or (4), 15AA(1) or 27(2) of the Act or section 15(2)(d), (e), (f) or (g) of the Act as in force before 1 March 2022” with “section 15(2)(a), (3) or (4), 15AA(1) or 27(2) of the Act”; and

(c)

in sub-paragraph (d), replace “section 15(2)(a), (b) or (c), (3) or (4), 15AA(1) or 27(2) of the Act or section 15(2)(d), (e), (f) or (g) of the Act as in force before 1 March 2022” with “section 15(3) or (4), 15AA(1) or 27(2) of the Act or section 15(2) of the Act as in force before, on or after 1 April 2024”.

[G.N. Nos. S 708/2007; S 512/2008; S 87/2009; S 578/2011; S 223/2021; S 125/2022]

Made on 28 March 2024.

NG CHEE KHERN

Permanent Secretary,
Ministry of Manpower,
Singapore.

[Plg&Pol/CPFPol/Legis/CPFSL/2024; AG/LEGIS/SL/36/2020/22 Vol. 1]

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

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