Maximum withdrawal limit under regulations 4, 5, 7 and 8
10.  The total amount which may be withdrawn by a member to pay one or more loans under regulations 4, 5, 7 and 8 shall be determined by the Board but in no case shall such amount exceed 70% of the value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 purchase or acquisition of the property; or
[S 705/2007 wef 01/01/2008]
(b)the inheritance of the property,
as the case may be.