Long Title
Part I PRELIMINARY
1 Short title
2 Interpretation
3 Establishment and constitution of Central Provident Fund Board
4 Membership of Board
4A Appointment of officers and employees
5 Appointment of inspectors
5A Budget
5B Issue of shares, etc.
5C Symbol or representation of Board
Part II CONTRIBUTIONS TO FUND
6 Establishment of Central Provident Fund
7 Rates of contributions
8 Agreement by statutory body to pay excess contributions deemed void
9 Payment of interest on contributions in arrears
10 Expenses
11 Financial provisions
12 Contributions to be paid into Fund
13 Crediting of contributions and interest into subsidiary accounts, etc.
13A Power to impose conditions relating to contributions by self-employed persons
13B Voluntary contributions
14 Payment of cash grant by Government into Fund
14A Loan by Government to member
Part III WITHDRAWAL OF CONTRIBUTIONS
15 Authorisation and conditions for withdrawal from Fund
15A Restrictions on withdrawals to ensure repayment of approved loan
15B Setting aside additional sum
16 Restrictions on withdrawal from medisave account
16A Withdrawal from medisave account of deceased member for medical treatment, etc., received by him
17 Withdrawal from special account for loan, etc.
18 Transfer or payment of moneys to retirement account or special account, and voluntary maintenance of sum in retirement account
18A Transfer of member’s moneys in ordinary account or special account to retirement account
18B Transfer of member’s moneys in ordinary account to special account
18C Transfer of member’s moneys in ordinary or special account to medisave account
19 Provisions relating to moneys transferred or paid to relevant individual’s, parent’s, grandparent’s, spouse’s or sibling’s retirement account on death or withdrawal under section 15(2)(b) or (c)
19A Provisions relating to moneys transferred or paid to relevant individual’s, spouse’s or sibling’s special account on death or withdrawal under section 15(2)(b) or (c)
20 Withdrawals
21 Charge on immovable property to secure repayment of withdrawals from Fund
21A Registration of charge on immovable property to secure repayment of withdrawals from Fund before 1st June 1981
21B Charge on HDB flats to secure repayment of withdrawals from Fund
22 Withdrawals for payment of tuition fees at approved educational institution
23 Regulations for purposes of section 22
24 Protection of benefits
25 Moneys payable on death of member
26 Distribution and disposal of certain shares on death of member who dies on or after 1st January 1996 and has executed memorandum under section 25(1)
26A Distribution and disposal of certain shares on death of member who died before 1st January 1996 or has not executed memorandum under section 25(1)
26B Disposal of certain shares and dividends, etc., when member’s accounts in Fund deemed to be dormant
26C Payment of dividends, etc., in respect of certain shares before Board is notified of death of member
26D Payment of dividends, etc., in respect of certain shares after Board is notified of death of member
27 Withdrawals by undischarged bankrupts
Part IIIA DIVISION OF FUND-RELATED ASSETS IN MATRIMONIAL PROCEEDINGS
27A Interpretation of this Part
27B Order of court for transfer or payment of money standing to credit of member
27C Order of court for transfer or sale of immovable property in relation to which charge has been created under section 15 (9) or (9A)
27D Order of court for transfer or sale of immovable property in relation to which undertaking has been given under section 15 (10) or (10A)
27DA Order of court for transfer or sale of immovable property in relation to which charge has been created under section 15(11D) or (11E)
27E Order of court for transfer or sale of immovable property in relation to which charge under section 21 (1) or 21A (1) exists
27F Order of court for transfer or sale of HDB flat in relation to which charge has been constituted under section 21B (1)
27G Order of court for transfer of investments
27H Order of court for sale of investments
27I Miscellaneous matters
Part IIIB LIFELONG INCOME SCHEME
27J Interpretation of this Part
27K Establishment of Lifelong Income Scheme
27L Premium
27M Minister may delegate functions and powers under sections 27K(6) and 27L(1) and (1A)
27N Establishment of Lifelong Income Fund
27O Non-application of Insurance Act
27P Order of court for payment of moneys received by relevant member under Scheme
27Q Regulations for purposes of this Part and section 6(4B)(a)(ii)
Part IV HOME PROTECTION INSURANCE SCHEME
28 Interpretation of this Part
29 Establishment of Home Protection Insurance Scheme
30 Double insurance cover under Scheme prohibited
31 Medical condition of member of Scheme
32 Premium
33 Establishment of Home Protection Fund
34 (Repealed)
35 (Repealed)
36 Amount payable by Board to Housing Authority or approved mortgagee on death or incapacity of member of Scheme
37 Housing Authority or approved mortgagee to send notice to Board on payment of premium
38 Non-application of Insurance Act
39 Regulations for purposes of this Part
Part V DEPENDANTS’ PROTECTION INSURANCE SCHEME
40 Interpretation of this Part
41 Establishment of Dependants’ Protection Insurance Scheme
42 Persons insured under Scheme
43 Board may cancel insurance cover
44 Board may require insured person to furnish information
45 Premium
46 (Repealed)
47 Period of cover
48 Rights and benefits under Scheme not assignable or transferable
48A Insurance policy under Scheme not to create trust
49 Amount payable on death or incapacity of insured person
49A Transfer of Board’s liabilities under Scheme
49B Application of moneys in dissolved Dependants’ Protection Insurance Fund, etc.
49C Disclosure of information
50 Non-application of Insurance Act
51 Regulations for purposes of this Part
Part VI MEDISHIELD SCHEME
52 Interpretation of this Part
53 Establishment of MediShield Scheme
54 Premium
55 General obligation of insured person to furnish information
56 Establishment of MediShield Fund
56A Transfer of liabilities under Scheme
56B Non-application of Insurance Act
57 Regulations for purposes of this Part
Part VIA WORKFARE INCOME SUPPLEMENT SCHEME
57A Interpretation of this Part
57B Establishment of Workfare Income Supplement Scheme
57C Cash payments and contributions under Scheme
57D Recovery of cash payment, etc., upon conviction
57E Certificate of Board on amount of cash payment, etc.
57F Regulations for purposes of this Part
Part VII OFFENCES, PENALTIES AND PROCEEDINGS
58 Offences
58A Offences relating to investments
59 Publication of information to unauthorised person, etc.
60 Offences by corporations
61 General penalties
61A Jurisdiction of court
61B Recovery of contributions, etc., upon conviction
62 Notice to attend court
62A Service of notice and summons
63 Composition of offences
64 Saving of proceedings under other laws
65 Recovery of sums due to Fund
66 Certificate of authorised officer to be evidence
66A Certificate of Board
67 Conduct of prosecutions
Part VIII MISCELLANEOUS
68 Protection of employee’s or member’s interest in execution proceedings and sale under mortgage or charge
69 Power to exempt
70 Application made, or information furnished, to Board by approved caregiver, etc.
71 (Repealed)
72 Refund of contributions to Government
73 Transfer to Fund from provident fund or other scheme
74 Refund or payment of contributions paid in error
75 Refund or payment of excess contributions on additional wages
75A Refund of excess contributions paid by self-employed person who has died
75B Refund or payment of excess voluntary contributions where member has died
76 Board may engage in activities not directly related to Fund and may call for information
77 Regulations and rules
78 Regulations and rules to be presented to Parliament
79 Reciprocal agreements
FIRST SCHEDULE Rates of Contribution
SECOND SCHEDULE Financial Provisions
THIRD SCHEDULE Specified Acts Relating to Self-employed Persons
Legislative History
Comparative Table