2.—(1) Abdul Rashid bin Anwarul (NRIC No. S7140755A) and Aliza binte Abas (NRIC No. S7311235D) are hereby exempted from the application of section 6 of the Act in respect of the sale of the leasehold interest in the flat known as Apartment Block 776, Woodlands Crescent #14-58, Singapore 730776, on the condition that the balance of the proceeds of the sale, less the repayments of —
(a)
the amount outstanding under any housing loan in respect of the purchase of the leasehold interest in the flat (including interest); and
(b)
any money withdrawn from the Central Provident Fund for the purchase of the leasehold interest in the flat (including interest),
are deposited in the bank account designated in the letter of exemption dated 31st January 2007.
(2) Aliza binte Abas is also exempted from the application of section 6 of the Act in respect of —
(a)
any withdrawal from that bank account; and
(b)
the use of the sum withdrawn therefrom.
(3) The exemption in respect of the activity referred to in sub-paragraph (2)(b) is subject to the conditions stated in the letter of exemption.