Singapore legislation
Regulation 32
of Central Provident Fund (Medisave Account Withdrawals) Regulations 2001
Regulation 32
Limits on withdrawal for long‑term care
Subregulation 1
The amount that the Board may permit to be withdrawn under section 16B(1) of the Act from the sum standing to a member’s credit in the member’s medisave account in any month for a long‑term care recipient (called in these Regulations the monthly sum) must not exceed the lowest of the following:
the maximum monthly sum as specified in the second column of the Fifth Schedule, opposite the sum standing to the member’s credit in the member’s medisave account at the time of determining the monthly sum as specified in the first column;
the maximum amount that may be withdrawn from a member’s medisave account as specified by the member or by an approved person acting on behalf of the member (whichever is applicable) for that month;
the maximum amount requested by the long‑term care recipient or an approved person acting on behalf of the long‑term care recipient (whichever is applicable) for that month.
Subregulation 2
Where monthly sums are withdrawn for a long‑term care recipient from the medisave account of 2 or more members —
the Board may determine the proportion to be paid to the long‑term care recipient from each member’s medisave account; and
the total amount that may be paid from the medisave accounts of all the members concerned for any month must not exceed $200.
Subregulation 3
Despite paragraphs (1) and (2), the Minister for Health may in any particular case allow a higher amount to be withdrawn under section 16B(1) of the Act from a member’s medisave account, subject to any conditions that the Minister for Health may impose.