Clause 5

A member of the Fund who is not a citizen of Singapore and who is residing abroad or is about to leave Singapore and has no intention of returning to Singapore shall apply to the Director, within 6 months from the appointed day or such further period, not exceeding one month, as the Director may allow, to withdraw all the moneys standing to his credit in the Fund, including such interest as may have been credited thereon, and upon such application the Director shall pay out of the Fund all such moneys and interest to the member.

Where a member of the Fund has not applied to withdraw the moneys standing to his credit in the Fund within the period specified or allowed under subsection (1), the Director shall pay such moneys, including such interest as may have been credited thereon, to the medisave account of the member.

Where a member of the Fund is not a citizen of Singapore and is residing in Singapore, the Director shall pay the moneys standing to his credit in the Fund, including such interest as may have been credited thereon, to the medisave account of the member.

All moneys of a member of the Fund paid to his medisave account under this section may be withdrawn by the member in accordance with the Central Provident Fund Act (Cap. 36) and any regulations made thereunder.