Singapore legislation

Regulation 2

of Central Provident Fund (Revised Retirement Sum Scheme) Regulations 1995

Regulation 2

Application

Subregulation 1

Unless otherwise provided, these Regulations apply to all members of the Fund who have attained or will attain 55 years of age on or after 1 July 1995 but before 1 July 2004.

Subregulation 2

Where a provision in these Regulations applies to a member who has attained 55 years of age before 1 July 1995, the retirement sum applicable to that member is the retirement sum specified in the First Schedule.

Subregulation 3

Where a provision in these Regulations applies to a member who has attained or will attain 55 years of age on or after 1 July 1995 but before 1 July 2004, the retirement sum applicable to that member is the retirement sum specified in the Second Schedule.

Subregulation 4

Despite paragraphs (1), (2) and (3), a member of the Fund to whom section 15AA(5) of the Act or a former provision applies, and who has complied with that provision, need not comply with these Regulations.