Amount of moneys that may be transferred from member’s account
5.  Where a member wishes to transfer any moneys out of his account for the purposes of topping-up his parent’s or spouse’s retirement account, the amount that may be transferred out of his account for this purpose shall be that in excess of 2 times the prevailing minimum sum in force at the time in his total regrossed balance except that —
(a)the amount in cash standing to his credit in the ordinary and special accounts shall exceed —
(i)2 times the amount specified in the third column of the Second Schedule to the Central Provident Fund (Revised Minimum Sum Scheme) Regulations (Rg 2) if he attains the age of 55 years on or after 1st July 1995 but before 1st July 2004; or
(ii)2 times the cash portion of the minimum sum specified in the First Schedule to the Central Provident Fund (New Minimum Sum Scheme) Regulations 2004 (G.N. No. S 386/2004) if he attains the age of 55 years on or after 1st July 2004; and
[S 388/2004 wef 01/07/2004]
(b)the amount transferred shall be from his ordinary account.