Singapore legislation

Regulation 6A

of Central Provident Fund (Approved HDB-HUDC Housing Scheme) Regulations 1987

Regulation 6A

Withdrawal of money by undischarged bankrupt

Subregulation 1

Despite the provisions of these Regulations, an undischarged bankrupt is not entitled to —

(a)

make an application to the Board to withdraw money under these Regulations; or

(b)

withdraw money under these Regulations except in accordance with paragraph (2).

Subregulation 2

Where a member is adjudicated a bankrupt after he or she has obtained authorisation from the Board to withdraw money under these Regulations, the Board may, despite his or her bankruptcy, permit him or her to make or continue to make (as the case may be) the authorised withdrawals subject to his or her compliance with these Regulations, the Act and any other condition which the Board thinks fit to impose.