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Amendments are not highlighted in legislation amended before 2012. We are working on it.
Formal Consolidation |  2006 RevEd
Breach of Regulations
23.  If a member commits a breach of any of the provisions of these Regulations or for any purpose connected with these Regulations makes a false representation or furnishes any false information, the Board may require the member —
(a)to refund to his retirement account the payment from the minimum sum together with interest that would have accrued thereto if the payment had not been given; or
(b)to surrender the approved annuity purchased with the minimum sum and refund all the moneys 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.
Informal Consolidation | Amended S 702/2007
Breach of Regulations
23.  If a member commits a breach of any of the provisions of these Regulations or for any purpose connected with these Regulations makes a false representation or furnishes any false information, the Board may require the member —
(a)to refund to his retirement account any payment from the minimum sum, together with the whole or such part, as the Board may determine, of the interest that would have been payable thereon if the payment had not been made; or
[S 702/2007 wef 01/01/2008]
[S 394/2009 wef 01/09/2009]
(b)to surrender the approved annuity purchased with the minimum sum and refund all the moneys representing the surrender value of the approved annuity to his retirement account, together with the whole or such part, as the Board may determine, of the interest that would have been payable on the moneys withdrawn to purchase the approved annuity if the withdrawal had not been made.
[S 702/2007 wef 01/01/2008]
[S 394/2009 wef 01/09/2009]