Singapore legislation
Regulation 3
of Central Provident Fund (Financial Penalties) Regulations 2016
Regulation 3
Engaging in conduct that attracts financial penalty
Subregulation 1
For the purposes of section 67C of the Act, a financial penalty may be imposed on an approved provider for contravening paragraph (2)(a), (b), (c), (d) or (e).
Subregulation 2
An approved provider —
must not inadvertently allow any person to access information on a member’s medisave account, except with the written authorisation of —
the member; or
if the member is unconscious or otherwise mentally incapacitated and unable to authorise the access personally, a prescribed person in relation to the member;
must take reasonable care to ensure that all information provided to the Board in relation to a withdrawal application submitted by the approved provider is accurate;
on the request of the Board or any auditor appointed for the purposes of an audit ordered under section 67B(3) of the Act to verify the accuracy of information in a withdrawal application, must produce any form or record that the approved provider is required, by agreement with the Board or any other authority, to keep;
must not submit a withdrawal application on behalf of a member without —
the member’s written authorisation, unless the application is made by a prescribed person in relation to the member under regulation 3(3) or (7) of the MAW Regulations;
where the application is purportedly made by a prescribed person in relation to the member under regulation 3(3) of the MAW Regulations (in a situation mentioned in regulation 3(4)(b) or (c) of the MAW Regulations), the prescribed person’s written authorisation; or
where the application is purportedly made by a prescribed person in relation to the member under regulation 3(3) (in a situation mentioned in regulation 3(4)(a) of the MAW Regulations) or (7) of the MAW Regulations, either or both of the following:
the prescribed person’s written authorisation;
written confirmation by an approved medical practitioner that the member is unable to make the application due to the member’s medical condition; or
where the Board orders an audit of the approved provider under section 67B(3) of the Act and directs the approved provider to submit to the Board any report relating to the audit (which may include any report on follow‑up action taken or to be taken after the audit), must submit the report within the time specified by the Board.