Central Provident Fund Act |
Central Provident Fund (Withdrawals for Purchase of Shares) Regulations 2003 |
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Citation and commencement |
1. These Regulations may be cited as the Central Provident Fund (Withdrawals for Purchase of Shares) Regulations 2003 and shall come into operation on 1st April 2003. |
Definitions |
2. In these Regulations, unless the context otherwise requires —
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Registration of shares |
Sale of shares |
4.—(1) Any member who sells any ComfortDelGro shares shall immediately repay to the Board —
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Discharge or transfer where member dies or is entitled to withdraw from Fund |
4A. Where a member dies before 19th February 2004, or is entitled before that date to withdraw the sum standing to his credit in the Fund under section 15 or 27 of the Act, the Board may —
[S 71/2004 wef 19/02/2004] |
Options for discharge or transfer |
4B.—(1) The Board may, by notice given to any member who has been allotted ComfortDelGro shares, require the member to opt within such period as the Board may specify —
[S 71/2004 wef 19/02/2004] |
Revocation |
5. The Central Provident Fund (Withdrawals for Purchase of Shares) Regulations (Rg 5) are revoked. |
Made this 31st day of March 2003.
Permanent Secretary, Ministry of Manpower, Singapore. |
[MM S 3/77 V3; AG/LEG/SL/36/2002/1 Vol. 1] |
(To be presented to Parliament under section 78(2) of the Central Provident Fund Act). |