Central Provident Fund (Non-Residential Properties Scheme) Regulations

  Table of Contents

1 Citation

2 Definitions

2A Former provisions

3 Scheme applicable only if application made before 1st July 2006

4 Scheme applicable to property of certain tenures only

5 Application to withdraw moneys for purchase or acquisition of property

5A Withdrawal for payment upon transfer (other than by way of sale) of property

6 Application to withdraw moneys for payment of mortgaged property

7 Loan by Government to member

8 Use of money in special account for payment of loan

9 Power of Board to allow withdrawal for repayment of unsecured loan

10 Maximum withdrawal limit under regulations 4, 5, 7 and 8

11 Maximum withdrawal limit under these Regulations

12 Mortgaged property

13 Withdrawal of moneys for payment of costs, etc.

14 Withdrawal of money by undischarged bankrupt

15 Maximum withdrawal limit for co-purchasers or co-owners

15A Transfer of money from retirement account to ordinary account

16 Government valuer to assess property

17 Payment by Board to vendor, etc.

18 No disposal of property without Board’s permission

19 Conditions for disposal of property

20 Prohibition on mortgage

21 Repayment of moneys in certain circumstances

21A Distribution of amount paid to member’s account in Fund, etc.

21B Distribution of amount after closure of special account

22 Application for cancellation of charge on immovable property

23 Application in manner and with information required by Board

  Legislative History