Central Provident Fund Act |
Central Provident Fund (Specified Sum for Application by Approved Caregiver) Notification 2012 |
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Citation and commencement |
1. This Notification may be cited as the Central Provident Fund (Specified Sum for Application by Approved Caregiver) Notification 2012 and shall come into operation on 1st November 2012. |
Sum specified for purposes of section 70(3) of Act |
2. The sum of $10,000 is specified for the purposes of every application which is made to the Board on behalf of a relevant person by that person’s approved caregiver and which the Board determines to be an application to which section 70(3) of the Act applies; and “application” means an application under the Act for, or which will result in, any transfer, withdrawal or refund of any money standing to the credit of a relevant person in the Fund, or any payment or refund of any money to a relevant person or his account in the Fund. |
Permanent Secretary, Ministry of Manpower, Singapore. |
[MMS 7/68 V56; AG/LLRD/SL/36/2010/50 Vol. 1] |