Central Provident Fund (Home Protection Insurance Scheme) (Amendment) Regulations 2004

No. S 62

Central Provident Fund Act

(Chapter 36)

Central Provident Fund (Home Protection Insurance Scheme) (Amendment) Regulations 2004

In exercise of the powers conferred by section 39 of the Central Provident Fund Act, Dr Ng Eng Hen, Minister of State, Ministry of Education, charged with the responsibility of the Minister for Manpower, hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Central Provident Fund (Home Protection Insurance Scheme) (Amendment) Regulations 2004 and shall come into operation on 12th February 2004.

Deletion and substitution of regulation 3

2. Regulation 3 of the Central Provident Fund (Home Protection Insurance Scheme) Regulations 2001 (G.N. No. S 84/2001) (referred to in these Regulations as the principal Regulations) is deleted and the following regulation substituted therefor:

“Application of this Part

3. This Part shall apply to every person (referred to in this Part as an insured) who was a member of the Scheme on 28th February 2001 and remains a member with regard to any property he has purchased from a Housing Authority and who —

(a)	has not adjusted his housing loan on or after 1st March 2001; or
(b)	has adjusted his housing loan on or after 1st March 2001 but who has obtained approval from the Board under regulation 10A(3) to continue to be covered under this Part.”.

Amendment of regulation 6

3. Regulation 6 of the principal Regulations is amended —

(a)	by deleting the words “section 36(5)(b) or (6)” in paragraph (1) and substituting the words “section 36(9)(d) or (10)”; and
(b)	by deleting the words “section 36(5)(a), (aa) or (ab)” in paragraph (2) and substituting the words “section 36(9)(a), (b) or (c)”.

Amendment of regulation 9

4. Regulation 9 of the principal Regulations is amended by deleting paragraph (b) and substituting the following paragraph:

“(b)

was a member of the Scheme on 28th February 2001 and remains a member with regard to any property he has purchased from a Housing Authority and who —

(i)	has adjusted his housing loan on or after 1st March 2001; and
(ii)	has not made an application under regulation 10A (1) or whose application under regulation 10A (1) has not been approved by the Board.”.

New regulation 10A

5. The principal Regulations are amended by inserting, immediately after regulation 10, the following regulation:

“Retention of cover under Part II

10A.—(1) An insured who —

(a)	was a member of the Scheme on 28th February 2001 and remains a member with regard to any property he has purchased from a Housing Authority; and
(b)	has adjusted his housing loan on or after 1st March 2001,

may apply to the Board at any time to continue to be covered under Part II.

(2) An application under paragraph (1) shall be made in such manner as the Board may determine.

(3) The Board may approve an application under paragraph (1) subject to such terms and conditions as the Board may impose.”.

Amendment of regulation 16

6. Regulation 16 of the principal Regulations is amended —

(a)	by deleting the words “section 36(5)(b) or (6)” in paragraph (1) and substituting the words “section 36(9)(d) or (10)”; and
(b)	by deleting the words “section 36(5)(a), (aa) or (ab)” in paragraph (2) and substituting the words “section 36(9)(a), (b) or (c)”. [G.N. No. S 693/2002]

Made this 9th day of February 2004.

YONG YING-I

Permanent Secretary,
Ministry of Manpower,
Singapore.

[MMS 13.1/78 V21; AG/LEG/SL/36/2002/2 Vol. 4]

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

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