Singapore legislation

Regulation 6

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

Regulation 6

Allocation of members

The Board may, at its sole discretion —

(a)

determine the manner of allocation of members who are entitled to be insured under the Scheme to each appointed insurer for the purpose of issuing insurance covers to these members under the Scheme;

(b)

determine the manner of allocation of persons who are already insured under the Scheme before the implementation date and whose insurance covers under the Scheme are in force as at 16 September 2005 to each appointed insurer for the purpose of taking over the future liability; and

(c)

if the cut‑off date is appointed by the Minister, determine the manner of allocation of the residual liability to one or more of the appointed insurers.

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