Singapore legislation
Section 16
Section 16
Restrictions on withdrawal from medisave account
Amended by26/201626/201626/2016
(1)
A member of the Fund is not entitled to withdraw any sum standing to the credit of the member in the member’s medisave account under section 15(2)(a) or (3).
Amended by26/2016
(2)
A member of the Fund is not entitled to withdraw any sum standing to the credit of the member in the member’s medisave account under section 15(2)(d), (e), (f) or (g), except with the Minister’s approval.
Amended by26/2016
(3)
The Board must not allow a member of the Fund to withdraw any sum standing to the credit of the member in the member’s medisave account under section 15(4).
Amended by26/2016