Singapore legislation
Regulation 10
of Central Provident Fund (Contribute As You Earn Scheme) Regulations 2019
Regulation 10
Application for exclusion under regulation 9(a)
Subregulation 1
Subject to paragraph (2), a self‑employed person may apply in the form and manner specified by the Board to be excluded from the Contribute As You Earn scheme under regulation 9(a).
Subregulation 2
A self-employed person with outstanding self‑employed contributions of $50 or more is ineligible to be excluded from the Contribute As You Earn scheme under regulation 9(a).
Subregulation 3
The Board may approve the application under paragraph (1) starting on a specified date for a specified period or until the Board cancels the approval.
Subregulation 4
In paragraph (2), a self-employed contribution becomes outstanding when the prescribed period for payment of the contribution (including any longer period given by the Board to the self‑employed person to pay the contribution) has expired.