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Singapore legislation

Regulation 6

of Education Endowment and Savings Schemes (Edusave Pupils Fund) Regulations

Regulation 6

Application for withdrawal of moneys from Edusave account

Amended byS 735/2014 wef 10/11/2014S 242/2024 wef 01/04/2024S 242/2024 wef 01/04/2024S 242/2024 wef 01/04/2024S 242/2024 wef 01/04/2024

Subregulation 1

Every application for the withdrawal of moneys from a member’s Edusave account shall be made to the Edusave Scheme Administrator in such form as may be required by the Edusave Scheme Administrator.

Subregulation 2

Amended byS 735/2014 wef 10/11/2014

The duly completed application form and any supporting documents which may be required by the Edusave Scheme Administrator must be submitted to the Edusave Scheme Administrator —

(a)

where the member is a student of a prescribed school, junior college or other educational institution in Singapore, through the prescribed school, junior college or educational institution, as the case may be; and

(b)

in any other case, by the member’s parent.

Subregulation 3

Amended byS 242/2024 wef 01/04/2024

An application may be a standing order for withdrawals to pay the fees, charges and expenses mentioned in section 13(2) of the Act or regulation 5 and selected in the application form, whenever they become payable.

Subregulation 4

Amended byS 242/2024 wef 01/04/2024

The member’s parent, or, where the member is at least 21 years old, the member, may by written notice to the Edusave Scheme Administrator request the cancellation of a standing order.

Subregulation 5

Amended byS 242/2024 wef 01/04/2024

The written notice mentioned in paragraph (4) must be submitted to the Edusave Scheme Administrator —

(a)

where the member is a student of a prescribed school, junior college or other educational institution in Singapore, through the prescribed school, junior college or educational institution, as the case may be; and

(b)

in any other case, by the member’s parent, or, where the member is at least 21 years old, by the member.

Subregulation 6

Amended byS 242/2024 wef 01/04/2024

A withdrawal under a standing order must not be made after the Edusave Scheme Administrator has cancelled the standing order.