Singapore legislation
Regulation 6
of Central Provident Fund (Division of Fund-Related Assets in Matrimonial Proceedings) Regulations 2007
Regulation 6
Transfer of investments
Subregulation 1
For the purposes of section 27G(2) of the Act, the interest of a member of the Fund in an investment must not be transferred to his or her spouse —
before the eighteenth anniversary of the day of the spouse’s birth; or
if, at the time of the intended transfer, the spouse does not satisfy any requirement under the Central Provident Fund (Investment Schemes) Regulations 2000 for the making of that investment.
Subregulation 2
For the purposes of section 27G of the Act, where a member of the Fund has made any investment, and an order of court is made requiring the transfer of the member’s interest in the investment to his or her spouse —
any brokerage, fee or other expense incurred in the transfer must be borne by —
the member; or
if the order of court requires the spouse to bear the brokerage, fee or expense, the spouse; and
the Board may, on the application of the member or spouse required under sub‑paragraph (a) to bear the brokerage, fee or expense and subject to such terms and conditions as the Board may impose, authorise the whole or any part of the moneys standing to the credit of the member or spouse (as the case may be) in the Fund to be withdrawn and used to pay the brokerage, fee or expense.