Singapore legislation
Regulation 10
of Central Provident Fund (Ministry of Defence Housing Scheme) Regulations
Regulation 10
Repayment of moneys in certain circumstances
Subregulation 1
Notwithstanding regulation 12, where an officer —
has withdrawn any moneys under these Regulations in respect of a flat; or
is required under section 27C(1)(g), 27DA(1)(g), 27DB(2)(c) or 27E(1)(f) of the Act to make a payment to the Fund upon the sale or disposal of a flat,in the event that the flat or any estate or interest therein is sold, transferred, assigned or otherwise disposed of —
by the Government or the Minister for Finance;
by the officer without the prior written permission of the Board; or
by any other person with or without the prior written consent of the Board,such of the following amounts as may be applicable to the officer or, if both amounts are applicable to him, the aggregate of both amounts, shall become due and payable to his account in the Fund:
if sub-paragraph (a) applies to him, all moneys withdrawn by him in connection with the purchase of the flat (including any moneys lent to him under section 14A of the Act in connection with such purchase and withdrawn by him which have not been repaid), together with the whole or such part, as the Board may determine, of any interest that would have been payable thereon if the withdrawal had not been made;
if sub-paragraph (b) applies to him, the relevant amount as defined in regulation 12(11).
Subregulation 2
Notwithstanding regulation 12, all moneys withdrawn by an officer under these Regulations (including any moneys lent to him under section 14A of the Act and withdrawn by him which have not been repaid), together with the whole or such part, as the Board may determine, of any interest that would have been payable thereon if the withdrawal had not been made, shall become due and payable to the officer’s account in the Fund in the event that —
the officer cancels his application to purchase the flat under the Ministry of Defence Housing Scheme;
any mortgage or encumbrance, other than a mortgage executed by the officer in favour of the Board, the Government or the Minister for Finance, or any one or more of them, is created over the flat without the prior written consent of the Board; or
the officer has committed a breach of any of the terms and conditions imposed by the Board in connection with the withdrawal of moneys under these Regulations.