Singapore legislation

Regulation 6

of Central Provident Fund (Retirement Sum Plus Scheme) Regulations 2000

Regulation 6

Purchase of approved annuity

Subregulation 1

Any member who wishes to purchase one or more approved annuities with the additional sum may apply to the Board in such form and manner as the Board may determine.

Subregulation 2

Any application for approval under paragraph (1) must be made before 1 January 2014 and must contain such information and particulars as the Board may require.

Subregulation 3

If the Board is satisfied that the annuity or annuities to be purchased by the member have been approved by the Board under regulation 4, the Board must (before 1 January 2014) pay the insurer issuing the approved annuity or annuities for the purchase from the member’s additional sum.