Singapore legislation
Regulation 5
of Central Provident Fund (Home Protection Insurance Scheme) Regulations 2024
Regulation 5
Deemed termination of SP cover under section 29(8) of Act
Subregulation 1
Unless the member’s SP cover ceases or is cancelled earlier under these Regulations or had ceased or been cancelled under the revoked Regulations, where the Board is satisfied that the member is not a citizen or permanent resident of Singapore, the member’s SP cover is deemed to be terminated —
if he or she became a Scheme member before 1 March 1995 — at the end of the policy year in which he or she attains 55 years of age; or
if he or she became a Scheme member on or after 1 March 1995 — at the end of the policy year in which he or she attains 60 years of age.
Subregulation 2
To avoid doubt, paragraph (1)(a) also applies to a person who became a member of the Scheme before 1 March 1988.