Singapore legislation
Regulation 5
of Central Provident Fund (Investment Schemes) Regulations 2000
Regulation 5
Denomination of withdrawal of funds and transfer of proceeds of sale
Any withdrawal of funds or any transfer of the proceeds of sale under these Regulations from or to a member’s ordinary account, CPF Investment Account, special account, retirement account or Share Profit Account (as the case may be) must be denominated in Singapore currency, unless otherwise specified by the Board.