Singapore legislation
Regulation 33
of Central Provident Fund (Investment Schemes) Regulations 2000
Regulation 33
Exchange traded fund interest
Subregulation 1
A member who wishes to use the whole or part of the available amount in the member’s special account to purchase an exchange traded fund interest through the Singapore Exchange or from an approved fund manager must apply to the Board to withdraw the amount required.
Subregulation 2
An application made by a member under paragraph (1) may be approved subject to such terms, conditions and procedures as the Board may impose.
Subregulation 3
Upon the sale of the exchange traded fund interest purchased by a member under this regulation, all proceeds of the sale must be transferred forthwith to the member’s special account.