Breach of Regulations
19.  If a member commits a breach of any of the provisions of these Regulations or, if for any purpose connected with these Regulations, makes a false representation or furnishes any false information the Board may —
(a)require the member to refund to his retirement account the minimum sum withdrawn by him together with interest that would have accrued thereto if the withdrawal had not been made; or
(b)require the member to surrender the approved annuity purchased with the minimum sum and refund all the money representing the surrender value of the approved annuity to his retirement account together with interest that would have accrued thereto if the withdrawal had not been made.