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Central Provident Fund (Closure of Special Account) Regulations 2025

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In these Regulations —“member with a specified significant condition” means a member —(a)to whom section 15AA(5) of the Act, or section 15(2A), (7B) or (8A) of the Act as in force before 1 March 2022, applies; and(b)who has complied with the requirements of the provision mentioned in paragraph (a) applicable to him or her;“SAC Start Date” means the date (on or after 19 January 2025), as published on the Board’s Internet website at https://www.cpf.gov.sg, on which the Board starts the closure of special accounts under section 13AA(1) of the Act;“significant condition” and “specified significant condition” have the meanings given by section 15AA(9) of the Act;“specified member” means —(a)a member who is suffering from a significant condition, whether by reason of being a member with a specified significant condition or otherwise;(b)a member to whom section 15AA(3)(b) of the Act applies; or(c)a member who has withdrawn the sum standing to the credit of the member under section 15(2)(b) of the Act or under section 15(2)(b) or (c) of the Act as in force before 1 April 2024.

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