Singapore legislation
Regulation 6
of Central Provident Fund (Approved Middle-Income Housing Scheme) Regulations 1975
Regulation 6
Disbursements in connection with purchase
Subregulation 1
Where a member of the Fund is required, whether in accordance with an agreement entered into with the Company or otherwise, to pay any survey fees, stamp duties, legal fees or other costs, fees, charges or expenses in connection with —
the purchase of a property from the Company for his or her own occupation, whether or not moneys were withdrawn under these Regulations for such purchase;
any change in the manner of holding of a property (in which the member has an estate or interest) from a joint tenancy to a tenancy in common, or vice versa;
the transfer of any part (but not the whole) of the member’s estate or interest in a property to any other person;
the creation or discharge of a mortgage on a property purchased by, or transferred or assigned to, the member (including where the property is to be mortgaged, or is mortgaged, to the Company);
the transfer or assignment of a property to the member; or
the withdrawal of moneys under these Regulations,the Board may, on the application of the member and subject to such terms and conditions as the Board may think fit to impose, authorise the whole or part of the amount standing to the member’s credit in the Fund to be withdrawn and used for that purpose.
Subregulation 2
To avoid doubt, where a member is required to pay any survey fees, stamp duties, legal fees or other costs, fees, charges or expenses in connection with —
any divestment, whether by sale, transfer, assignment or otherwise, by the member of the whole of his or her interest or title in a property; or
the discharge of any mortgage on a property upon divestment by the member of the whole of his or her interest in such property,no amount standing to the member’s credit in the Fund is to be withdrawn for that purpose.