Singapore legislation

Section 58B

of Central Provident Fund Act 1953

Section 58B

False application for purposes of sections 16B and 16C

Amended by26/201926/201926/201926/2019

(1)

A person commits an offence if the person —

(a)

makes, or assists in the making of an application for purposes of section 16B or 16C which is false or misleading in a material particular, knowing that the application is false or misleading in a material particular;

(b)

omits any matter or thing without which the application for purposes of section 16B or 16C is misleading in a material particular, knowing that the omission makes the application misleading; or

(c)

provides any information for purposes of section 16B or 16C which is false or misleading in a material particular, knowing that the information provided —

(i)

is false or misleading in a material particular; and

(ii)

may be included in an application for purposes of section 16B or 16C.

Amended by26/2019

(2)

A person who is guilty of an offence under subsection (1) shall be liable on conviction —

(a)

in the case of an individual — to a penalty equal to the relevant amount; or

(b)

in any other case — to a penalty equal to 5 times the relevant amount.

Amended by26/2019

(3)

A person who commits an offence under subsection (1), with the intention of causing the Board to permit a withdrawal under section 16B or 16C which the Board would otherwise not permit, shall be guilty of an offence and shall be liable on conviction —

(a)

in the case of an individual —

(i)

to a fine not exceeding $5,000 or to imprisonment for a term not exceeding 12 months or to both; and

(ii)

in addition, to a penalty equal to 2 times the relevant amount; or

(b)

in any other case —

(i)

to a fine not exceeding $10,000; and

(ii)

in addition, to a penalty equal to 4 times the relevant amount.

Amended by26/2019

(4)

In this section, “relevant amount” means the amount withdrawn from the medisave account under section 16B or 16C as a result of the offence, or that would have been so withdrawn if the false or misleading declaration or application (as the case may be) had been accepted as correct.

Amended by26/2019
Section 58B — Central Provident Fund Act 1953 | laws.sg