Sale with Board’s permission
24.  The Board may subject to such terms and conditions as it may impose, permit a member who has withdrawn money under these Regulations to sell, transfer, assign or otherwise dispose of the residential property or any of his interests therein in respect of which such withdrawal has been made to any person, if the Board is satisfied that adequate arrangements have been made to secure the repayment into the member’s account in the Fund of —
(a)all moneys withdrawn by him, and of such interest as would have accrued thereto if the withdrawal had not been made; or
(b)the net proceeds of the sale, transfer, assignment or disposition, as the case may be,
whichever is the less.