Central Provident Fund (Residential Properties Scheme) Regulations
Table of Contents
1 Citation
2 Definitions
3 Application of Regulations
4 Restriction on withdrawal
5 Cash grants
5A Loan by Government to member
5B Use of money in special account for payment of housing loan and share in common property transferred by Housing and Development Board
5C Use of money in special account for payment of improvement contributions in respect of upgrading works
6 Prior agreement to purchase
7 Withdrawal for instalment payments
8 Board may allow member to withdraw money in certain circumstances
9 Total amount to be withdrawn under regulations 5A, 6 and 7
10 Withdrawal for payment of land and dwelling-house constructed thereon
11 Total amount to be withdrawn in other circumstances
12 Board may allow withdrawal of further amount
13 Property subject to mortgage
14 Disbursements in relation to purchase of property
15 Joint purchases
16 Valuation
17 Members who have withdrawn moneys for purchase of property from certain bodies
18 Withdrawal for more than one property
19 Subsequent sale — effect on further application
20 Direct payment by Board to vendor, etc.
21 Withdrawal for payment of improvement contribution in respect of upgrading works
22 Withdrawal for payment of share in common property transferred by Housing and Development Board
23 No transfer, etc., so long as money withdrawn remains payable
24 Sale with Board’s permission
25 Member may not mortgage without permission of Board
26 Return to Board of moneys withdrawn
27 Fees and charges
28 Manner of application for withdrawal
Legislative History