Singapore legislation
Section 18C
Section 18C
Transfer of member’s moneys in ordinary account or special account to medisave account
Amended by26/2016
(1)
The Board may, on the application of a member who has less than the requisite amount applicable to the member standing to the member’s credit in his or her medisave account and subject to such terms and conditions as the Board may impose, transfer to his or her medisave account a sum standing to the member’s credit in his or her ordinary account or special account, or in both accounts.
Amended by26/2016
(2)
[Deleted by Act 20 of 2011]
(3)
In this section, “requisite amount” means the amount as directed by the Minister under section 13(6).