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Contents

Part I PRELIMINARY

Part II MAINTENANCE OF MINIMUM SUM

Part III GENERAL PROVISIONS

FIRST SCHEDULE

SECOND SCHEDULE

THIRD SCHEDULE Multiplying Factor

FOURTH SCHEDULE

Legislative History

 
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On 22/05/2013, you requested for the version in force on 22/05/2013 incorporating all amendments published on or before 22/05/2013. The closest version currently available is that of 01/07/2010.
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Central Provident Fund Act
Central Provident Fund (Revised Minimum Sum Scheme) Regulations
Rg 2
G.N. No. S 305/1995
REVISED EDITION 2006
(30th November 2006)
[1st July 1995]
PART I
PRELIMINARY
Application
2.
—(1)  Unless otherwise provided, these Regulations shall apply to all members of the Fund who have attained or will attain the age of 55 years on or after 1st July 1995 but before 1st July 2004.
(2)  Where a provision in these Regulations applies to a member who has attained the age of 55 years before 1st July 1995, the minimum sum applicable to that member shall be the minimum sum specified in the First Schedule.
(3)  Where a provision in these Regulations applies to a member who has attained or will attain the age of 55 years on or after 1st July 1995 but before 1st July 2004, the minimum sum applicable to that member shall be the minimum sum specified in the Second Schedule.
(4)  Notwithstanding paragraphs (1), (2) and (3), a member of the Fund to whom section 15(2A), (7B) or (8A) of the Act applies, and who has complied with that provision, need not comply with these Regulations.
Definitions
3.  In these Regulations —
“annuity plan” has the same meaning as in section 27J of the Act;
“approved annuity” means an annuity for life, purchased from an insurer, which is approved by the Board;
“approved bank” means any bank approved by the Board;
“bank” has the same meaning as in the Banking Act (Cap. 19);
“insurer” means any person registered under the Insurance Act (Cap. 142) to carry on insurance business in Singapore ;
“relevant member” and “Scheme” have the same meanings as in section 27J of the Act.