Singapore legislation

Clause 4

of Central Provident Fund (Amendment No. 2) Bill

Clause 4

New sections 25A and 25B

The principal Act is amended by inserting, immediately after section 25, the following sections:“Medical condition of member of Scheme25A.—

(1)

No person shall be entitled to join the Scheme unless the Board is satisfied that he is in good health at the time he joins the Scheme.(2) For the purposes of determining whether a person is fit to join the Scheme, the Board may require that person to undergo such medical examination as the Board thinks fit.(3) Any person who joins the Scheme shall disclose to the Board such facts or information concerning his health as the Board may require.Premium25B.—

(1)

Every member of the Scheme shall pay a premium of an amount prescribed by regulations made under this Part.(2) Notwithstanding anything contained in this Act, the Board shall be entitled to deduct the amount of the premium payable by a member of the Scheme from the contributions standing to the credit of that member in the Fund and where any such deduction has been made by the Board, the Board shall as soon as practicable give to the member concerned notice in writing to that effect.(3) Where the amount of the premium which a member is liable to pay under the Scheme exceeds the amount standing to his credit in the Fund, the deficiency may be paid in cash, or be recovered from the future contributions paid into the Fund for that member, and the deficiency shall be paid within such time as may be specified by the Board.(4) Where the joint-owner of an immovable property is insured under the Scheme, the Board may permit the spouse of that joint-owner to use his contributions in the Fund to pay for the whole or part of the premium which the joint-owner is liable to pay under the Scheme.”.