Singapore legislation
Regulation 8
of Central Provident Fund (Approved Housing Schemes) Regulations 1986
Regulation 8
Disbursements in connection with purchase or acquisition, etc.
Subregulation 1
Subject to regulation 4D, where a member is required to pay any stamp duties, fees or other charges in connection with —
the purchase or acquisition of a house or flat by the member, whether or not moneys were withdrawn under these Regulations for such purchase or acquisition;
any change in the manner of holding of a house or flat (in which the member has an estate or interest) from a joint tenancy to a tenancy in common, or vice versa;
the transfer of any part (but not the whole) of the member’s estate or interest in a house or flat to any other person;
the creation or discharge of a mortgage on a house or flat purchased or acquired by, or transferred or assigned to, the member;
the transfer or assignment to the member of a house or flat; or
the withdrawal of moneys under these Regulations,the Board may, on the application of the member and subject to such terms and conditions as the Board may impose, authorise the whole or part of the amount standing to the member’s credit in the Fund to be withdrawn and used for that purpose.
Subregulation 2
To avoid doubt, where a member is required to pay any stamp duties, fees or other charges in connection with —
any divestment, whether by sale, transfer, assignment or otherwise, by the member of the whole of his or her interest or title in a house or flat; or
the discharge of any mortgage on a house or flat upon divestment by the member of the whole of his or her interest in such house or flat,no amount standing to the member’s credit in the Fund is to be withdrawn for that purpose.