Amount of moneys that may be transferred from member’s ordinary account
6.  Where the Board grants a member’s application to transfer moneys out of his ordinary account to top-up a relevant individual’s special account, the amount that may be transferred out of his ordinary account for this purpose shall not exceed —
(a)in the case of a member who is below 55 years of age on the date his application is processed, the lower of the following amounts:
(i)the relevant amount of the member on that date less the prevailing minimum sum in force; or
[S 106/2009 wef 01/04/2009]
(ii)the amount standing to his credit in his ordinary account on that date; and
(b)in the case of a member who has attained 55 years of age on the date his application is processed, the lower of the following amounts:
(i)the relevant amount of the member on that date less the minimum sum applicable to him; or
(ii)the amount standing to his credit in his ordinary account on that date.
[S 373/2009 wef 20/08/2009]
[S 538/2012 wef 01/11/2012]