Singapore legislation

Section 18B

of Central Provident Fund Act 1953

Section 18B

Transfer of member’s money in ordinary account to special account

Amended by43/2017

The Board may (on a member’s application and subject to any regulations made under section 77(1) and any terms and conditions as the Board may impose) transfer a sum, not exceeding the special account top‑up limit computed in accordance with regulations made under section 77(1), from the amount standing to a member’s credit in the member’s ordinary account to the member’s special account.

Section 18B — Central Provident Fund Act 1953 | laws.sg