Singapore legislation

Section 27I

of Central Provident Fund Act 1953

Section 27I

Miscellaneous matters

Amended by23/201226/201637/2019

(1)

Any obligation of a member of the Fund to set aside any amount under section 15, or under any condition referred to in section 27(2)(b) or (3), is not affected by —

(a)

any transfer or payment of any money standing to the credit of the member under section 27B(1), (2) or (3);

(b)

any transfer (other than by way of sale) of the member’s estate or interest in any immovable property under section 27C(1), 27D(1), 27DA(1), 27DB(2) or 27E(1);

(c)

any transfer (other than by way of sale) of the member’s interest in any HDB flat under section 27F(1);

(d)

any transfer of the member’s interest in any investment under section 27G; or

(e)

any sale of the member’s interest in any investment under section 27H.

Amended by23/201226/201637/2019

(2)

Where an order of court requires the Board to do anything —

(a)

the Board is not liable to give effect to that requirement unless the order of court has been served on the Board in such manner as may be prescribed by any regulations made under section 77(1); and

(b)

the Board is not liable for any act or omission of the Board contrary to that requirement which was committed on or before the date of such service.

(3)

Where an order of court requires the Board to do anything in contravention of this Act, the Board is not liable to give effect to that requirement.

Read in full context — Central Provident Fund Act 1953 →