Death of member, or withdrawal by member under section 15(2)(b) or (c) of Act
10.—(1) Subject to sections 19A(3) and (4), 19B, 19C and 19D of the Act, where any moneys have been transferred to a member’s special account under section 18(3)(a) of the Act and in accordance with these Regulations, upon the death of the member, or upon the withdrawal of any sum from the Fund by the member under section 15(2)(b) or (c) of the Act, the moneys so transferred (including all such moneys that have been transferred to the member’s retirement account in accordance with section 18(4), (5) and (6) of the Act) or the balance thereof shall be credited to the account from which it was transferred.
[S 854/2015 wef 01/01/2016]
[S 887/2019 wef 01/01/2020]
[S 1022/2021 wef 01/01/2022]
(2) Subject to sections 19A(7) and (8), 19B, 19C and 19D of the Act, where any moneys have been paid to a member’s special account before 1st November 2008 under section 18(3)(b) of the Act as in force immediately before that date and in accordance with these Regulations as in force immediately before that date, upon the death of the member, the moneys so paid (including all such moneys that have been transferred to the member’s retirement account in accordance with section 18(4), (5) and (6) of the Act) or the balance thereof shall be credited to the ordinary account of the person who made the payment.