Central Provident Fund Act 1953 · 2020 Revised Edition · Part 8 · Miscellaneous
73. Transfer to Fund from provident fund or other scheme
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Where any member of the Fund has acquired a right to any pecuniary benefit in a provident fund or other scheme by virtue of his or her employment as an employee, or by virtue of his or her engagement outside Singapore under any contract of service or apprenticeship or in any trade, business, profession or vocation, the Board may, in its discretion and subject to such terms and conditions as it may impose, permit the whole or any part of that benefit —
member of the Fund
“member of the Fund” or “member” means any person to whose credit any amount is standing in the Fund, or for whom any account in the Fund is maintained for any of the purposes of this Act;
to be transferred to the member’s account in the Fund, if he or she is a citizen or permanent resident of Singapore at the time of the transfer; and
member
“member of the Fund” or “member” means any person to whose credit any amount is standing in the Fund, or for whom any account in the Fund is maintained for any of the purposes of this Act;
to be treated as an excess contribution paid for the member under section 7(4).