Regulation 3

In these Regulations —“additional sum”, in relation to any member, means the balance or any part of the balance of the sum standing to the credit of a member which a member is entitled to withdraw under section 15(2)(a), (3) or (4) of the Act after the member’s retirement sum has been set aside;“approved annuity” means any annuity from an insurer approved by the Board under regulation 4;“approved bank” means any bank approved by the Board under regulation 4;“bank” has the meaning given by the Banking Act 1970;“insurer” means any person registered under the Insurance Act 1966 to carry on insurance business in Singapore;“subsistence amount” means, in relation to a member who is entitled to withdraw or be paid a monthly income under regulation 12 of the Central Provident Fund (Retirement Sum Scheme) Regulations 1988, regulation 8A of the Central Provident Fund (Revised Retirement Sum Scheme) Regulations 1995, regulation 8A of the Central Provident Fund (New Retirement Sum Scheme) Regulations 2004 or regulation 10C of the Central Provident Fund (Retirement Sum Topping‑Up Scheme) Regulations 1995 on a date specified in the first column of the Schedule, the amount set out in the second column of the Schedule against the specified date.