Withdrawal for course of study
3.—(1)  A member who is an applicable person may apply to the Board to withdraw such portion of the amount standing to his credit in the Fund as may be approved by the Board for the payment of tuition fees for any course of study pursued by the member, his child or relative at an approved educational institution.
[S 512/2008 wef 01/11/2008]
[S 282/2024 wef 01/04/2024]
(2)  The Board may approve an application under paragraph (1) subject to such terms and conditions as it may impose.
(3)  Where an application is made by a member to make withdrawals under these Regulations for the payment of tuition fees for any course of study pursued by the member, his child or relative at an approved educational institution, the Board shall not approve the application unless the member, his child or relative concerned gives an undertaking or furnishes a guarantee, or both, to the Board in accordance with section 22(3) of the Act.
[S 512/2008 wef 01/11/2008]
(4)  The amount which may be withdrawn by a member under paragraph (1) shall not exceed the amount of the tuition fees payable by the member, his child or relative for a course of study at an approved educational institution.
[S 512/2008 wef 01/11/2008]