Singapore legislation
Regulation 5
of Central Provident Fund (Approved Housing Schemes) Regulations 1986
Regulation 5
Withdrawal for payment of improvement contributions, etc., in respect of upgrading works
Subregulation 1
Subject to regulation 4C, a member who is the owner or co‑owner or a purchaser or co‑purchaser of a house or flat sold by the Housing and Development Board, an approved developer or the Jurong Town Corporation, or has purchased or acquired a house or flat under these Regulations, may submit an application to the Board to withdraw the whole or part of the amount standing to the member’s credit in the Fund to be used to pay any of the following:
the improvement contributions due —
to the Housing and Development Board in respect of upgrading works carried out on the house or flat under Part 4A of the Housing and Development Act 1959; or
to a Town Council in respect of lift upgrading works carried out in relation to the house or flat under Part 4A of the Town Councils Act 1988;
where the improvement contribution mentioned in sub‑paragraph (a) is paid in monthly instalments, interest imposed by the Housing and Development Board or the Town Council (as the case may be) on the improvement contribution;
any cost, fees or other incidental expenses arising from such works.
Subregulation 2
The Board may approve an application under paragraph (1) subject to such terms and conditions as the Board may impose.