Central Provident Fund (Minimum Sum Topping-Up Scheme) Regulations
Table of Contents
1 Citation
2 Application
3 Definitions
4 Transfer of member’s moneys to relevant individual’s retirement account
4A Transfer of member’s moneys to own retirement account
5 Payment of moneys into retirement account, and voluntary maintenance of sum in retirement account
6 Amount of moneys that may be transferred from member’s ordinary account to relevant individual’s retirement account
7 Amount of moneys by which retirement account can be topped-up
8 Payment of amount secured by charge or pledge upon sale, transfer, assignment or disposal of immovable property
9 Transfer to retirement account of amount paid upon sale, transfer, assignment or disposal of immovable property, towards maintenance of minimum sum
10 (Deleted)
10A Use of moneys transferred or paid to retirement account
10B Payment from moneys standing to person’s credit in retirement account or deposited with approved bank, where person attained age of 55 years on or after 1st January 1987
10C Payment from moneys standing to person’s credit in retirement account or deposited with approved bank, where person attained age of 55 years before 1st January 1987
10D Additional payment from moneys standing to person’s credit in retirement account or deposited with approved bank, where person attained age of 55 years before 1st January 1987
10E Payment of lower monthly income under regulations 10C(1) and 10D
10F Payment of monthly income where balance in retirement account is low
11 Death of member, or withdrawal by member under section 15(2)(b) or (c) of Act
12 Redemption of charge or pledge of immovable property
THE SCHEDULE
Legislative History