Singapore legislation
Regulation 19
of Central Provident Fund (Residential Properties Scheme) Regulations 1982
Regulation 19
Valuation
Subregulation 1
For the purpose of assessing the value of any residential property under these Regulations, the Board may appoint a Government valuer or a licensed valuer and the expenses of any such valuation must be borne by the member concerned.
Subregulation 2
Where a member is required to pay the expenses of any valuation under paragraph (1), the Board may, on application being made by the member, authorise the whole or part of the amount standing to the member’s credit in the Fund to be withdrawn and used for the payment of such expenses.