Singapore legislation

Regulation 17

of Central Provident Fund (Approved Housing Schemes) Regulations 1986

Regulation 17

Withdrawal for purchase or acquisition of more than one property

Where —

(a)

a member has made an application for the withdrawal of moneys standing to the member’s credit in the Fund under —

(i)

these Regulations;

(ii)

the Central Provident Fund (Approved Middle‑Income Housing Scheme) Regulations 1975;

(iii)

the Central Provident Fund (Residential Properties Scheme) Regulations 1982;

(iv)

the Central Provident Fund (Ministry of Defence Housing Scheme) Regulations; or

(v)

the Central Provident Fund (Approved HDB‑HUDC Housing Scheme) Regulations 1987,in respect of any house, flat or other property; and

(b)

the Board has authorised the withdrawal of moneys pursuant to that application,if the member makes any other application for the withdrawal of moneys standing to the member’s credit in the Fund under these Regulations in respect of any other house or flat which is purchased or acquired on or after 1 July 2006, the Board may, subject to such terms and conditions as it may impose, authorise the withdrawal of moneys pursuant to that other application.

Read in full context — Central Provident Fund (Approved Housing Schemes) Regulations 1986 →