Singapore legislation
Regulation 9
of Central Provident Fund (Designated Shares) Regulations 2022
Regulation 9
Appointing stockbroker
Subregulation 1
The Board may appoint a stockbroker for the purpose of selling any vested shares under these Regulations.
Subregulation 2
The person entitled to receive the proceeds of the sale of the vested shares under paragraph (1) must pay the reasonable expenses connected with the sale.