9.—(1) This regulation shall apply to a self-employed person who during the relevant year was also employed as an employee and where contributions in respect of such employment have been made to the Board.
(2) Any self-employed person to whom this regulation applies may apply in writing to the Board to reduce the amount of contributions he is liable to pay under these Regulations so that the aggregate amount of all contributions paid into his account (excluding contributions paid in respect of additional wages) for the relevant year does not exceed the maximum amount determined in accordance with paragraph (3).
(3) The maximum amount referred to in paragraph (2) shall be the following, whichever is the higher:
(a)
the maximum amount specified in —
(i)
the second column of items 1 to 11 in the First Schedule;
[S 439/2012 wef 01/01/2013]
(ii)
the second, third and fourth columns of items 12 to 15 in the First Schedule; and
[S 507/2011 wef 01/09/2011]
[S 439/2012 wef 01/01/2013]
(iii)
the second, third, fourth and fifth columns of item 16 in the First Schedule,
[S 439/2012 wef 01/01/2013]
which is applicable to the applicant; or
[S 153/2010 wef 15/03/2010]
(b)
a proportion of 12 times the maximum amount of contributions an employer is liable to pay in respect of the applicant’s ordinary wages for the month as prescribed in —
(i)
the First Schedule to the Act; or
(ii)
the First or Second Schedule to the Central Provident Fund (Public Sector Employees) Regulations 2011 (G.N. No. S 106/2011),
as the case may be.
[S 507/2011 wef 01/09/2011]
[S 3/2010 wef 06/01/2010]
(4) For the purposes of paragraph (3)(b), the proportion shall be —
(a)
ascertained by reference to such proportion of the contributions the Minister has under section 13(4) of the Act directed the Board to pay into the medisave account of the applicant; and
(b)
determined and computed in such manner as the Board may think fit.