Singapore legislation

Regulation 4

of Central Provident Fund (Dependants’ Protection Insurance Scheme — Transfer of Liabilities) Regulations 2005

Regulation 4

Selection of appointed insurers

Subregulation 1

The Board may, at its sole discretion, select and appoint insurers from time to time for the purpose of insuring persons under the Scheme on or after the implementation date.

Subregulation 2

As at the implementation date, and subject to the Board’s right to require any appointed insurer to transfer its liabilities to another appointed insurer under section 49A(3) of the Act and the Board’s right to select and appoint insurers from time to time under paragraph (1), the appointed insurers are NTUC INCOME Insurance Co‑operative Limited and The Great Eastern Life Assurance Company Limited.

Read in full context — Central Provident Fund (Dependants’ Protection Insurance Scheme — Transfer of Liabilities) Regulations 2005 →