Central Provident Fund (Approved HDB-HUDC Housing Scheme) Regulations

  Table of Contents

1 Citation

2 Definitions

2A Former provisions

3 Withdrawal of moneys in Fund for payment of deposit for purchase of property

4 Withdrawal of moneys in Fund for purchase of property or repayment of housing loan or for both

4A Loan by Government to member

4B Use of money in special account for payment of housing loan and share in common property transferred by Housing and Development Board

5 Disbursements in connection with purchase, etc.

6 Withdrawal for payment of share in common property transferred by Housing and Development Board

6A Withdrawal of money by undischarged bankrupt

6B Transfer of money from retirement account to ordinary account

7 Moneys withdrawn from Fund to be paid by Board to specified persons

8 Repayment of moneys on occurrence of certain events

9 No repayment of moneys in certain circumstances

10 (Deleted)

11 Member may sell, transfer, assign, etc., property subject to Board’s approval

12 Repayment of moneys to Board where property is compulsorily acquired

13 Repayment of moneys where property is vested in Housing and Development Board

14 Repayment of moneys where agreement for purchase of property is void or rescinded by court

14A Distribution of amount paid to member’s account in Fund, etc.

15 Withdrawal of moneys in Fund permitted for purchase of only one property

15A Application for cancellation of charge on immovable property

16 Manner of application

17 Saving provision