| Board may allow member to withdraw money in certain circumstances |
| 8. Notwithstanding regulations 5A, 6 and 7, the Board may, in its discretion and subject to such terms and conditions as it may impose, allow a member to withdraw money under any of those regulations even if the housing loan obtained by the member is not secured by a mortgage on the residential property or on another residential property of which he is the owner or a joint-owner. |