Central Provident Fund (Home Protection Insurance Scheme) Regulations

Central Provident Fund Act

(Chapter 36, Section 39)

Rg 11

G.N. No. S 84/2001

REVISED EDITION 2005

(31st March 2005)

[1st March 2001]

PART I

PRELIMINARY

Citation

1. These Regulations may be cited as the Central Provident Fund (Home Protection Insurance Scheme) Regulations.

Definitions

2. In these Regulations, unless the context otherwise requires —

“Housing Authority” has the meaning assigned to it in Part IV of the Act;

“housing loan” means —

(a)	a loan obtained by an insured from a Housing Authority or an approved mortgagee for the purchase of a property from the Housing Authority; or
(b)	a loan obtained by an insured from a Housing Authority or an approved mortgagee to finance or re-finance the purchase of a property from the Housing Authority ;

“insured” means any person insured under the Scheme;

“member” means any person to whose credit any amount is standing in the Fund;

“mortgage” includes any charge on a property;

“property” means a house or flat or any estate or interest in a house or flat purchased by a member from a Housing Authority;

“Scheme” means the Home Protection Insurance Scheme established and maintained by the Board under Part IV of the Act.

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