Central Provident Fund (Topping-Up of Special Account) (Amendment No. 2) Regulations 2022

Status:

Published in Subsidiary Legislation Supplement
on 31 Mar 2022

No. S 284

Central Provident Fund Act 1953

Central Provident Fund
(Topping‑Up of Special Account)
(Amendment No. 2) Regulations 2022

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. These Regulations are the Central Provident Fund (Topping‑Up of Special Account) (Amendment No. 2) Regulations 2022 and come into operation on 1 April 2022.

Amendment of regulation 3

2. Regulation 3 of the Central Provident Fund (Topping‑Up of Special Account) Regulations (Rg 37) is amended —

(a)

by deleting the full‑stop at the end of sub‑paragraph (ix) of paragraph (3)(c) and substituting a semi‑colon, and by inserting immediately thereafter the following sub‑paragraph:

“(x)	any amount refunded from the member’s retirement account under section 19(1) of the Act as in force on or after 1 April 2022.”; and

(b)

by deleting the full‑stop at the end of sub‑paragraph (vi) of paragraph (4)(d) and substituting a semi‑colon, and by inserting immediately thereafter the following sub‑paragraph:

“(vii)

any amount refunded from the member’s retirement account under section 19(1) of the Act as in force on or after 1 April 2022.”.

Deletion of regulation 10

3. The Central Provident Fund (Topping‑Up of Special Account) Regulations are amended by deleting regulation 10.

Saving

4. Despite regulation 3 and subject to section 19D(2) to (7) of the Act, regulation 10 of the Central Provident Fund (Topping‑Up of Special Account) Regulations as in force before 1 April 2022 continues to apply to —

(a)

moneys transferred to a member’s special account before 1 April 2022 under section 18(3)(a) of the Act where —

(i)	the member died before that date; or
(ii)	the Board has, before that date, received the member’s application to withdraw any sum from the Fund under section 15(2)(b) or (c) of the Act; or

(b)

moneys paid to a member’s special account before 1 November 2008 under section 18(3)(b) of the Act where the member died before 1 April 2022.

[G.N. Nos. S 515/2008; S 106/2009; S 373/2009; S 729/2011; S 538/2012; S 702/2012; S 855/2013; S 426/2014; S 854/2015; S 732/2016; S 791/2017; S 597/2018; S 375/2019; S 887/2019; S 226/2021; S 849/2021; S 1022/2021; S 139/2022]

Made on 30 March 2022.

AUBECK KAM

Permanent Secretary,
Ministry of Manpower,
Singapore.

[Plg&Pol/CPFPol/Legis/CPFSL/2022; AG/LEGIS/SL/36/2020/21 Vol. 1]

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

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