Singapore legislation
Section 57F
Section 57F
Regulations for purposes of this Part
(1)
The Minister may make such regulations as are necessary or expedient for the purposes of carrying out the provisions of this Part.
(2)
Without limiting subsection (1), such regulations may provide for —
the criteria to be satisfied by an eligible member and the waiver of the whole or any part of any such criteria, by the Board or such other person as may be prescribed in those regulations;
the terms and conditions of the Scheme;
the amount of cash payment or relevant contribution which an eligible member is entitled to receive, including different amounts for different classes of eligible members;
the manner in which any cash payment is to be made to an eligible member, or any relevant contribution is to be credited to any account of an eligible member in the Fund, including the making of provisional payments or credits;
the manner in which, and the processes (apart from those referred to in sections 57C and 57D) by which, any cash payment or relevant contribution (including any interest on the relevant contribution) received by a member, or any part thereof, is to be recovered, including recovery from —
any money standing to the credit of the member in the Fund; or
any cash payment or relevant contribution which the member may be entitled to receive subsequently;
any restriction on the purposes for which any cash payment, relevant contribution or amount withdrawn under section 57DA;
(fa)the whole or any part of the interest paid on the amount withdrawn from the member’s account under section 57DA to be dealt with in all or any of the following manner:
retained in that account;
withdrawn from that account and paid to the member;
transferred to the general moneys of the Fund;
the consequences of contravening any provision of those regulations; and
any act or omission referred to in, or in contravention of, those regulations to be an offence.