Central Provident Fund Act
Central Provident Fund (Minimum Sum Scheme Nominations) Rules
G.N. No. S 374/2006
REVISED EDITION 2006
(30th November 2006)
[1st July 2006]
1. These Rules may be cited as the Central Provident Fund (Minimum Sum Scheme Nominations) Rules.
2. Subject to these Rules, where 2 parties to a marriage who are members of the Fund make a joint application to the Board to set aside jointly an amount which is less than 2 times the minimum sum under section 15(6A) of the Act, unless the Board specifies otherwise, each party shall nominate the other party to receive, on his death, the amount of the minimum sum belonging to him.
3. Subject to rule 4 —
—(1) This rule applies where a party to the marriage lacks capacity within the meaning of section 4 of the Mental Capacity Act 2008 (Act 22 of 2008), and the court makes an order under section 20(2)(a) of the Mental Capacity Act 2008 in relation to the executing under section 15(6A) of the Act, on the party’s behalf, of a memorandum referred to in rule 3(a).
(2) The order must authorise a person (referred to in this rule as the authorised person) to execute the memorandum on the party’s behalf.
(3) Any nomination under rule 2 made on behalf of the party in pursuance of the order must —
be in Form 1A set out in the Schedule;
state that it is signed by the party acting by the authorised person;
be signed by the authorised person with the names of the party and the authorised person, in the presence of 2 witnesses;
contain an attestation by those witnesses to the signature of the authorised person on the nomination; and
be sealed with the official seal of the court.
(4) A nomination under rule 2 made in accordance with this rule has the same effect for all purposes as if —
—(1) Subject to paragraph (3), a nomination under rule 2 made in respect of both parties to a marriage may be revoked, on the application of either party, if —
the marriage is dissolved; or
the Board is satisfied that either or both parties are —
physically or mentally incapacitated —
from ever continuing in any employment; or
in such other manner as the Minister may approve;
mentally disordered and incapable of managing himself or themselves, or his or their affairs;
suffering from a medical condition leading to a severely impaired life expectancy; or
suffering from a terminal illness or disease.
(2) An application under paragraph (1) shall be made in such form as the Board may require.
(3) Where either party to a marriage (referred to in this paragraph as the relevant party) lacks capacity within the meaning of section 4 of the Mental Capacity Act 2008 (Act 22 of 2008), a nomination under rule 2 made in respect of both parties to the marriage may be revoked, without an application under paragraph (1), if —
a copy of the order (sealed with the official seal of the court) is received by the Board during the lifetime of the relevant party.