“additional sum”, in relation to any member, means the balance or any part of the balance of the sum standing to the credit of a member which a member is entitled to withdraw under section 15 (2)(a), (3) or (4) of the Act after setting aside the minimum sum;
“approved annuity” means any annuity from an insurer approved by the Board under regulation 4;
“approved bank” means any bank approved by the Board under regulation 4;
“bank” has the same meaning as in the Banking Act (Cap. 19);
“insurer” means any person registered under the Insurance Act (Cap. 142) to carry on insurance business in Singapore;
“subsistence amount” means, in respect of a member who is entitled to withdraw or be paid a monthly amount under regulation 12 of the Central Provident Fund (Minimum Sum Scheme) Regulations (Rg 16) or under regulation 9 of the Central Provident Fund (Revised Minimum Sum Scheme) Regulations (Rg 2) on the date specified in the first column of the Schedule, the amount set out against the date specified in the second column of the Schedule.
Informal Consolidation | Amended S 266/2012
Definitions
3. In these Regulations —
“additional sum”, in relation to any member, means the balance or any part of the balance of the sum standing to the credit of a member which a member is entitled to withdraw under section 15(2)(a), (3) or (4) of the Act after his minimum sum has been set aside;
[S 266/2012 wef 01/06/2012]
“approved annuity” means any annuity from an insurer approved by the Board under regulation 4;
“approved bank” means any bank approved by the Board under regulation 4;
“bank” has the same meaning as in the Banking Act (Cap. 19);
“insurer” means any person registered under the Insurance Act (Cap. 142) to carry on insurance business in Singapore;
“subsistence amount” means, in relation to a member who is entitled to withdraw or be paid a monthly income under regulation 12 of the Central Provident Fund (Minimum Sum Scheme) Regulations (Rg 16), regulation 8A of the Central Provident Fund (Revised Minimum Sum Scheme) Regulations (Rg 2), regulation 8A of the Central Provident Fund (New Minimum Sum Scheme) Regulations (Rg 31) or regulation 10C of the Central Provident Fund (Minimum Sum Topping-Up Scheme) Regulations (Rg 3) on a date specified in the first column of the Schedule, the amount set out in the second column of the Schedule against the specified date.