Singapore legislation
Regulation 2
of Central Provident Fund (Medisave Account Withdrawals — Medical Insurance Premiums) Regulations 2015
Regulation 2
Withdrawal by undischarged bankrupt
Subregulation 1
A member, who is an undischarged bankrupt, may withdraw money from his or her medisave account to pay premiums for medical insurance cover for the member or the member’s dependant under —
the MediShield Life Scheme, in accordance with the MediShield Life Scheme Regulations 2015;
a medisave‑approved plan, in accordance with the MediShield Life Scheme (Private Medical Insurance Scheme) Regulations 2015;
the CareShield Life Scheme, in accordance with the CareShield Life and Long‑Term Care (CSHL Scheme) Regulations 2020;
the ElderShield Scheme, in accordance with the CareShield Life and Long‑Term Care (ElderShield Scheme) Regulations 2021; or
a supplementary disability insurance policy, in accordance with the CareShield Life and Long‑Term Care (Supplement Scheme) Regulations 2020.
Subregulation 2
Any withdrawal under paragraph (1) is subject to such terms and conditions as the Board may impose.
Subregulation 3
In this regulation —
Definition
“CareShield Life Scheme” means the severe disability insurance scheme called the CareShield Life Scheme established by section 5 of the CareShield Life and Long‑Term Care Act 2019;
Definition
“ElderShield Scheme” means the severe disability insurance scheme called the ElderShield Scheme established by section 11(1)(b) of the CareShield Life and Long‑Term Care Act 2019;
Definition
“medisave‑approved plan” has the meaning given by the MediShield Life Scheme (Private Medical Insurance Scheme) Regulations 2015;
Definition
“MediShield Life Scheme” means the medical insurance scheme called the MediShield Life Scheme, mentioned in section 3 of the MediShield Life Scheme Act 2015;
Definition
“supplementary disability insurance policy” has the meaning given by the CareShield Life and Long‑Term Care (Supplement Scheme) Regulations 2020.