Benefits of self-employed eligible member under Scheme
6.—(1) When a self-employed eligible member is entitled to receive any benefit, the Board shall credit, to his medisave account, a relevant contribution of an amount equal to the value of the benefit.
(2) The total value of all benefits which a self-employed eligible member is entitled to receive in any relevant year shall be —
(a)
where he satisfies the requirement under regulation 4(1)(d)(i) or (ii)(B), as set out in —
(i)
the table under paragraph 1 of the Third Schedule, if the relevant year is 2007, 2008 or 2009; or
(ii)
the table under paragraph 2 of the Third Schedule, if the relevant year is 2010 or any subsequent year; or
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(b)
where he satisfies the requirement under regulation 4(1)(d)(ii)(A) but fails to satisfy the requirement under regulation 4(1)(d)(ii)(B), as set out in —
(i)
the table under paragraph 1 of the Fourth Schedule, if the relevant year is 2007, 2008 or 2009; or
(ii)
the table under paragraph 2 of the Fourth Schedule, if the relevant year is 2010 or any subsequent year.
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(3) Subject to paragraph (4), a self-employed eligible member shall receive the benefits to which he is entitled in any relevant year as soon as practicable after he has satisfied, for the relevant year, the requirement referred to in regulation 4(1)(f) and, where applicable, the requirement referred to in regulation 4(1)(g).
(4) A self-employed eligible member may receive a provisional credit of part of the benefits to which he is entitled in any relevant year before the end of the relevant year, and the remainder of the benefits to which he is entitled in the relevant year as soon as practicable after he has satisfied, for the relevant year, the requirement referred to in regulation 4(1)(f) and, where applicable, the requirement referred to in regulation 4(1)(g), if he —
(a)
is a Singapore citizen, or becomes a Singapore citizen on or before —
(i)
1st July in the relevant year, if the relevant year is 2007, 2008 or 2009; or
(ii)
30th June in the relevant year, if the relevant year is 2010 or any subsequent year;
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(b)
has worked as a self-employed person for a period of at least 3 months in the first 6 months of the relevant year ; and
(c)
has declared to the Board, in such form and manner as the Board may require, the income which he has derived from Singapore or received from outside Singapore, in the first 6 months of the relevant year, in respect of any trade, business, profession or vocation as a self-employed person, if the relevant year is 2010 or any subsequent year.
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(5) The value of the benefits which a self-employed eligible member is entitled to receive provisionally in any relevant year shall be as set out in —
(a)
the table under paragraph 1 of the Fifth Schedule, if the relevant year is 2007, 2008 or 2009; or
(b)
the table under paragraph 2 of the Fifth Schedule, if the relevant year is 2010 or any subsequent year.
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(6) Notwithstanding paragraph (2), where the value of the benefits which a self-employed eligible member has received provisionally in any relevant year (being 2010 or any subsequent year) exceeds the total value of all benefits which he is entitled to receive in that relevant year, the Board shall not be required to recover, on behalf of the Government, the excess benefits from the member.
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(7) Notwithstanding paragraphs (1), (2), (4) and (5), where an employed eligible member is entitled in any relevant year (being 2010 or any subsequent year) to receive any benefit —
(a)
the Board may, in its discretion, credit a relevant contribution under paragraph (1), or make a provisional credit under paragraph (4), in favour of the member, of such amount as the Minister may direct (being an amount which exceeds the amount of the relevant contribution or provisional credit, as the case may be, which the member is otherwise entitled to receive in that relevant year); and
(b)
the member shall be entitled to retain the full amount of the relevant contribution or provisional credit, as the case may be, credited or made by the Board.