On 20/06/2013,
you requested for the version in force on 20/06/2013
incorporating all amendments published on or before 20/06/2013.
The closest version currently available is that of 02/12/2005.
5. The principal Regulations are amended by inserting, immediately after regulation 9, the following regulation:
9A.
—(1) Where any approved person is liable to make any refund of any payment which has been made out of a member’s Children Development Account, that approved person shall, within one month from the date on which an agreement is reached between the trustee of the member’s Children Development Account and the approved person as to the amount to be refunded, arrange for that refund to be credited directly into —
(a)
the member’s Children Development Account; or
(b)
such other account in the name of the member as the Director may specify, if at the time of the refund the member’s Children Development Account has been closed.
(2) Where any premium paid to an insurer in respect of an integrated medical insurance plan has been paid from moneys standing to the credit of a member in the member’s Children Development Account, and that insurer is liable to make any refund of that premium, that insurer shall, within one month from the date on which the insurer becomes liable, under the Central Provident Fund (Private Medical Insurance Scheme) Regulations 2005 (G.N. No. S 428/2005), to make the refund, arrange for that refund to be credited directly into —
(a)
the member’s Children Development Account; or
(b)
such other account in the name of the member as the Director may specify, if at the time of the refund the member’s Children Development Account has been closed.”.