Singapore legislation
Regulation 6A
of Central Provident Fund (Ministry of Defence Housing Scheme) Regulations
Regulation 6A
Loan by Government to officer
Subregulation 1
Where the Board has, on or after 1st March 1999, credited into the ordinary account of any officer moneys lent by the Government to the officer pursuant to any approved loan scheme under section 14A of the Act, the Board may —
on the application of the officer; or
if it considers necessary,and subject to such terms and conditions as it may impose, permit the officer to withdraw such moneys to pay the whole or part of the monthly instalments of principal and interest towards repayment of —
any loan obtained by the officer to pay for his share in any common property transferred by the Government or the Minister for Finance; or
any housing loan which the officer has obtained from the Government or the Minister for Finance to finance the purchase of a flat under the Ministry of Defence Housing Scheme.
Subregulation 2
The total amount which an officer may withdraw under paragraph (1) to pay such monthly instalments shall be determined by the Board.