§ 18 — Payment of insured sum

18.—(1) Subject to the provisions of this section, where a claim is accepted by the Administrator under section 16, the Board may pay an insured sum under the CSHL Scheme or ESH Scheme (as the case may be) to the following persons:(a)

for a claim mentioned in section 16(1)(a) —(i)

the insured person; or

(ii)

an approved payee (who may be the authorised applicant) nominated by the authorised applicant, in the form and manner required by the Administrator, to receive the insured sum on behalf of the insured person;

(b)

for a claim mentioned in section 16(1)(b) —(i)

the insured person; or

(ii)

an approved payee nominated by the insured person, in the form and manner required by the Administrator, to receive the insured sum on behalf of the insured person.

(2) A payment under subsection (1) may —(a)

be subject to such conditions as the Board may impose;

(b)

start for the month that the claim is accepted or such other month as may be determined by the Administrator; and

(c)

be made in the manner in subsections (3) and (4).

(3) A payment to the insured person under subsection (1) may be made by paying to the insured person’s account in the Central Provident Fund or in such other manner as the Board may determine.

(4) A payment under subsection (1) to a person other than the insured person may be made in such manner as the Board may determine.

(5) A payment by the Board to a person mentioned in subsection (1) is a proper discharge of the Board’s and Administrator’s duties under this Part.

(6) Subsection (5) does not prevent the Board from making one or more payments of the insured sum to —(a)

an insured person; or

(b)

another approved payee mentioned in subsection (1)(a)(ii) or (b)(ii), as the case may be,

where there has been a misuse of any benefits for which an offence is committed under section 50.

(7) Despite section 12(3)(b), the Board may continue to make payment under this section of any insured sum to, or for the benefit of, an insured person mentioned in section 12(3)(b) until the completion of the insured person’s next periodic disability review mentioned in section 21.

(8) An approved payee mentioned in subsection (1) who receives any insured sum on behalf of an insured person may, in such circumstances as may be prescribed, pay the whole or any part of the insured sum to the insured person’s account in the Central Provident Fund.

(9) Despite any provision in the CPF Act, the Board may, in such circumstances as may be prescribed, allow the withdrawal by such person or persons as may be prescribed of the whole or any part of any insured sum paid to the insured person’s account in the Central Provident Fund under subsections (3) and (8).

—(1) Subject to the provisions of this section, where a claim is accepted by the Administrator under section 16, the Board may pay an insured sum under the CSHL Scheme or ESH Scheme (as the case may be) to the following persons:(a)

for a claim mentioned in section 16(1)(a) —(i)

the insured person; or

(ii)

an approved payee (who may be the authorised applicant) nominated by the authorised applicant, in the form and manner required by the Administrator, to receive the insured sum on behalf of the insured person;

(b)

for a claim mentioned in section 16(1)(b) —(i)

the insured person; or

(ii)

an approved payee nominated by the insured person, in the form and manner required by the Administrator, to receive the insured sum on behalf of the insured person.

(2) A payment under subsection (1) may —(a)

be subject to such conditions as the Board may impose;

(b)

start for the month that the claim is accepted or such other month as may be determined by the Administrator; and

(c)

be made in the manner in subsections (3) and (4).

(3) A payment to the insured person under subsection (1) may be made by paying to the insured person’s account in the Central Provident Fund or in such other manner as the Board may determine.

(4) A payment under subsection (1) to a person other than the insured person may be made in such manner as the Board may determine.

(5) A payment by the Board to a person mentioned in subsection (1) is a proper discharge of the Board’s and Administrator’s duties under this Part.

(6) Subsection (5) does not prevent the Board from making one or more payments of the insured sum to —(a)

an insured person; or

(b)

another approved payee mentioned in subsection (1)(a)(ii) or (b)(ii), as the case may be,

where there has been a misuse of any benefits for which an offence is committed under section 50.

(7) Despite section 12(3)(b), the Board may continue to make payment under this section of any insured sum to, or for the benefit of, an insured person mentioned in section 12(3)(b) until the completion of the insured person’s next periodic disability review mentioned in section 21.

(8) An approved payee mentioned in subsection (1) who receives any insured sum on behalf of an insured person may, in such circumstances as may be prescribed, pay the whole or any part of the insured sum to the insured person’s account in the Central Provident Fund.

(9) Despite any provision in the CPF Act, the Board may, in such circumstances as may be prescribed, allow the withdrawal by such person or persons as may be prescribed of the whole or any part of any insured sum paid to the insured person’s account in the Central Provident Fund under subsections (3) and (8).