Singapore legislation

Regulation 2

of Central Provident Fund (Nominations) Rules 1986

Regulation 2

Nomination by member

Subregulation 1

Subject to these Rules, a member who is an applicable person may —

(a)

by executing a memorandum in Form A, 1A, 2A, 3A, 4A, 5A or 6A(1), nominate any person to receive —

(i)

any portion of the amount payable on the member’s death out of the Fund in accordance with section 25(1)(a)(i) of the Act; or

(ii)

any portion of any designated shares;

(b)

by executing a memorandum in Form 6A(2), nominate any person to receive —

(i)

any portion of the amount payable on the member’s death out of the Fund —

(A)

in accordance with section 25(1)(a)(i) of the Act; or

(B)

if, at the time the Board is satisfied that the memorandum is duly executed, that person is a citizen or permanent resident of Singapore, in accordance with section 25(1)(a)(ii) of the Act; or

(ii)

any portion of any designated shares;

(c)

by executing a memorandum in Form 6A(3), nominate any person to receive —

(i)

any portion of the amount payable on the member’s death out of the Fund —

(A)

in accordance with section 25(1)(a)(i) of the Act;

(B)

if, at the time the Board is satisfied that the memorandum is duly executed, that person is a citizen or permanent resident of Singapore, in accordance with section 25(1)(a)(ii) of the Act; or

(C)

if, at the time the Board is satisfied that the memorandum is duly executed, each of the member and that person is a citizen or permanent resident of Singapore, and a certification under section 25(1C) of the Act has been issued in respect of that person and remains in force, in accordance with section 25(1)(a)(iii) of the Act; or

(ii)

any portion of any designated shares; or

(d)

by executing a memorandum in electronic form by using the electronic system designated by the Board for that purpose, nominate any person to receive —

(i)

any portion of the amount payable on the member’s death out of the Fund in accordance with section 25(1)(a)(i) of the Act; or

(ii)

any portion of any designated shares.

Subregulation 2

Every nomination under paragraph (1) must be witnessed or attested to in the manner set out in the relevant form by 2 persons who satisfy the qualifications set out in rule 9.