Maximum withdrawal limit under regulations 3, 4, 5A and 5B
7.  The total amount which may be withdrawn by a member to pay one or more loans under regulations 3, 4, 5A and 5B shall be determined by the Board but in no case shall such amount exceed 70% of the value of the property as assessed by the Board at the date of —
(a)the signing of the agreement for the sale and purchase of the property; or
(b)the inheritance of the property,
as the case may be.
[S 107/2001 wef 01/03/2001]