Transfer to retirement account of moneys credited under section 13C of Act
6.—(1)  This regulation applies where moneys are paid to the Fund under the circumstances set out in regulation 2 or 3 of the Central Provident Fund (Prescribed Circumstances under Section 13C) Regulations 2022 and credited under section 13C of the Act to the member’s ordinary account or special account or both.
[S 271/2024 wef 01/04/2024]
(2)  The Board must transfer to the member’s retirement account, towards the maintenance of the retirement sum, the lower of the following:
(a)the shortfall in the retirement sum applicable to the member;
(b)the amount so credited under section 13C of the Act.
[S 280/2022 wef 01/04/2022]
[S 271/2024 wef 01/04/2024]