On 18/06/2013,
you requested for the version in force on 18/06/2013
incorporating all amendments published on or before 18/06/2013.
The closest version currently available is that of 30/12/2011.
No. S 731
Central Provident Fund Act
(CHAPTER 36)
Central Provident Fund
(Voluntary Contributions)
Regulations 2011
(Voluntary Contributions)
Regulations 2011
In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act, the Minister for Manpower, after consulting with the Central Provident Fund Board, hereby makes the following Regulations:
1. These Regulations may be cited as the Central Provident Fund (Voluntary Contributions) Regulations 2011 and shall come into operation on 30th December 2011.
2. For the purposes of section 13B(3) of the Act, the sum prescribed shall be $30,600 for the year 2011 and for any subsequent year.
3.
—(1) For the purposes of section 13B(3)(c) of the Act, the prescribed amounts which may be contributed by or for a person in a year shall be —
(a)
the amount contributed by or for that person in that year which is obligatory under the Act;
(b)
the amount which that person may contribute voluntarily in that year under section 7(4)(a) of the Act (not being any pecuniary benefit transferred under section 73 of the Act);
(c)
the amount which that person may contribute voluntarily in that year under any regulations made under section 77(1)(e) of the Act;
(d)
the amount of contributions which the employer of that person has paid for that person in that year under section 7(4)(c) of the Act (not being any pecuniary benefit transferred under section 73 of the Act), excluding —
(i)
in any case where the amount of additional medisave contributions which the employer has paid for that person in that year exceeds $1,500, $1,500 of the additional medisave contributions; or
(ii)
in any other case, the entire amount of the additional medisave contributions; and
(e)
where that year is 2011 —
(i)
the amount (if any) which that person had contributed voluntarily in that year under section 13B(1)(a) of the Act in force immediately before 30th December 2011; and
(ii)
every amount (if any) referred to in section 13B(4) of the Act which any other person had contributed for that person in that year.
(2) In paragraph (1), “additional medisave contributions” means the contributions paid by an employer under section 7(4)(c) of the Act specifically for the purposes of the medisave account of his employee.
[MMS 7/68 V56; AG/LLRD/SL/36/2010/39 Vol. 1]