Singapore legislation

Regulation 10

of Care Shield Life and Long-Term Care (Supplement Scheme) Regulations 2020

Regulation 10

Repayment of withdrawn moneys by CPF member

If a CPF member makes a false representation to the Board, or provides the Board with any false information, for any purpose connected with these Regulations, the Board may require the CPF member to repay to his or her medisave account, the whole or any part, as the Board may determine, of —

(a)

the moneys withdrawn from his or her medisave account under regulation 5; and

(b)

any interest that would have been payable on the moneys withdrawn if such moneys had not been withdrawn from his or her medisave account.