§ 64 — Regulations

64.—(1) The Minister may make regulations necessary or convenient for carrying out the purposes and provisions of this Act.(2) Without limiting subsection (1), such regulations may —(a)

provide for the different classes of persons who are to be covered under the CSHL Scheme under section 6(1)(c);

(b)

provide for determination of insurance periods under the CSHL Scheme and ESH Scheme;

(c)

provide for the commencement of insurance cover under the CSHL Scheme;

(d)

despite sections 6(1) and 11(1), provide for the circumstances in which the insurance cover ends for a person under the CSHL Scheme and ESH Scheme, the date on which such insurance cover ends, and for the reinstatement of a person as an insured person in certain circumstances, including —(i)

refunds and payments to be made to adjust for such changes (including payments, in certain circumstances and to certain persons, of goodwill sum and the treatment of payments of goodwill sum as payments of insured sum when a person is reinstated as an insured person);

(ii)

interest paid into a person’s medisave account to be deducted and paid to the general moneys of the Central Provident Fund; and

(iii)

payments that a person is liable to make under this Act to be deducted from payments due to that person under this Act, to adjust for such changes;

(e)

prescribe the benefits payable under the CSHL Scheme and ESH Scheme (which may differ for different classes of insured persons) and provide for claims for such benefits, including providing for any payments which an insured person is liable to make under this Act to be deducted from the benefits payable to that person or the approved payee;

(f)

prescribe the circumstances for imposing and the manner of computing premiums (which may be at different rates for different classes of insured persons), interest (including compound interest) under section 23 and penalties imposed under section 29, and the order in which payments are applied to such premiums, interest and penalties, and provide for waiver of interest;

(g)

prescribe the circumstances in which premiums, interest under section 23 and penalties imposed under section 29 are payable by a person (other than an insured person) and may be deducted from that person’s medisave account under section 14(4);

(h)

provide for any payment under this Act to be deducted from the medisave account of the person liable to make that payment;

(i)

provide for the refund of any premium, interest under section 23, penalty under section 29 or other payment made under this Act (called in this paragraph the refunded payment), including —(i)

the rate, manner or circumstances for the refund to be made;

(ii)

for any payments which the insured person is liable to make under this Act to be deducted from the amount to be refunded; and

(iii)

if the refunded payment was deducted from an account of a CPF member in the Central Provident Fund, the refund, to that or any other account of that CPF member in the Central Provident Fund, of the whole or such part of the interest which would have been payable if the refunded payment had not been so deducted;

(j)

prescribe the fees and charges for the purposes of this Act;

(k)

provide in respect of any offence under the regulations —(i)

in a case where the offender is an individual, for a penalty not exceeding a fine of $5,000 or imprisonment for a term not exceeding 12 months or both for each offence; or

(ii)

in any other case, for a penalty not exceeding a fine of $10,000 for each offence;

(l)

regulate the participation of insurers in Supplement Schemes, including prescribing terms of supplementary disability insurance policies offered under any Supplement Scheme and where a CPF member or the CPF member’s dependant is insured under a Supplement Scheme —(i)

the withdrawal of money from the CPF member’s medisave account for the payment of any premium payable by the member or the member’s dependant in respect of the Supplement Scheme;

(ii)

the refund or repayment of any premium paid by the member or the member’s dependant in respect of the Supplement Scheme, the circumstances under which any such refund or repayment will be made, and the determination of the manner in which any such refund or repayment will be made (including the person who will make any such determination);

(iii)

the payment of any rebate given in respect of the Supplement Scheme, the circumstances under which any such payment will be made, and the determination of the manner in which any such payment will be made (including the person who will make any such determination); and

(iv)

the requirement for such insurer to pay administrative fees to the Board for any material change or error in relation to any withdrawal, refund or payment by the Board arising from incorrect information provided by the insurer or from such other circumstances as may be prescribed;

(m)

make saving and transitional provisions for —(i)

the former ElderShield Scheme; and

(ii)

an insurance scheme administered by an insurer approved by the Minister, in the case of the revocation of the regulations made under section 77(1)(k) of the CPF Act applying to that insurance scheme,

including for the payment of benefits, the recovery of premiums payable and the refund of payments made under the former ElderShield Scheme on or after 1 October 2020 or under the insurance scheme mentioned in sub‑paragraph (ii) on or after the revocation of those regulations, as the case may be;

(n)

make financial provisions in relation to the Fund, the CSHL Scheme and ESH Scheme, including the audit of the Fund and the CSHL Scheme and ESH Scheme and the submission of reports on the administration and enforcement of the Fund or the CSHL Scheme and ESH Scheme; and

(o)

prescribe anything that is required or permitted to be prescribed under this Act.

(3) The regulations may make different provisions for different classes of persons.

(4) All regulations made under this Act must be presented to Parliament as soon as possible after publication in the Gazette.

—(1) The Minister may make regulations necessary or convenient for carrying out the purposes and provisions of this Act.

(2) Without limiting subsection (1), such regulations may —(a)

provide for the different classes of persons who are to be covered under the CSHL Scheme under section 6(1)(c);

(b)

provide for determination of insurance periods under the CSHL Scheme and ESH Scheme;

(c)

provide for the commencement of insurance cover under the CSHL Scheme;

(d)

despite sections 6(1) and 11(1), provide for the circumstances in which the insurance cover ends for a person under the CSHL Scheme and ESH Scheme, the date on which such insurance cover ends, and for the reinstatement of a person as an insured person in certain circumstances, including —(i)

refunds and payments to be made to adjust for such changes (including payments, in certain circumstances and to certain persons, of goodwill sum and the treatment of payments of goodwill sum as payments of insured sum when a person is reinstated as an insured person);

(ii)

interest paid into a person’s medisave account to be deducted and paid to the general moneys of the Central Provident Fund; and

(iii)

payments that a person is liable to make under this Act to be deducted from payments due to that person under this Act, to adjust for such changes;

(e)

prescribe the benefits payable under the CSHL Scheme and ESH Scheme (which may differ for different classes of insured persons) and provide for claims for such benefits, including providing for any payments which an insured person is liable to make under this Act to be deducted from the benefits payable to that person or the approved payee;

(f)

prescribe the circumstances for imposing and the manner of computing premiums (which may be at different rates for different classes of insured persons), interest (including compound interest) under section 23 and penalties imposed under section 29, and the order in which payments are applied to such premiums, interest and penalties, and provide for waiver of interest;

(g)

prescribe the circumstances in which premiums, interest under section 23 and penalties imposed under section 29 are payable by a person (other than an insured person) and may be deducted from that person’s medisave account under section 14(4);

(h)

provide for any payment under this Act to be deducted from the medisave account of the person liable to make that payment;

(i)

provide for the refund of any premium, interest under section 23, penalty under section 29 or other payment made under this Act (called in this paragraph the refunded payment), including —(i)

the rate, manner or circumstances for the refund to be made;

(ii)

for any payments which the insured person is liable to make under this Act to be deducted from the amount to be refunded; and

(iii)

if the refunded payment was deducted from an account of a CPF member in the Central Provident Fund, the refund, to that or any other account of that CPF member in the Central Provident Fund, of the whole or such part of the interest which would have been payable if the refunded payment had not been so deducted;

(j)

prescribe the fees and charges for the purposes of this Act;

(k)

provide in respect of any offence under the regulations —(i)

in a case where the offender is an individual, for a penalty not exceeding a fine of $5,000 or imprisonment for a term not exceeding 12 months or both for each offence; or

(ii)

in any other case, for a penalty not exceeding a fine of $10,000 for each offence;

(l)

regulate the participation of insurers in Supplement Schemes, including prescribing terms of supplementary disability insurance policies offered under any Supplement Scheme and where a CPF member or the CPF member’s dependant is insured under a Supplement Scheme —(i)

the withdrawal of money from the CPF member’s medisave account for the payment of any premium payable by the member or the member’s dependant in respect of the Supplement Scheme;

(ii)

the refund or repayment of any premium paid by the member or the member’s dependant in respect of the Supplement Scheme, the circumstances under which any such refund or repayment will be made, and the determination of the manner in which any such refund or repayment will be made (including the person who will make any such determination);

(iii)

the payment of any rebate given in respect of the Supplement Scheme, the circumstances under which any such payment will be made, and the determination of the manner in which any such payment will be made (including the person who will make any such determination); and

(iv)

the requirement for such insurer to pay administrative fees to the Board for any material change or error in relation to any withdrawal, refund or payment by the Board arising from incorrect information provided by the insurer or from such other circumstances as may be prescribed;

(m)

make saving and transitional provisions for —(i)

the former ElderShield Scheme; and

(ii)

an insurance scheme administered by an insurer approved by the Minister, in the case of the revocation of the regulations made under section 77(1)(k) of the CPF Act applying to that insurance scheme,

including for the payment of benefits, the recovery of premiums payable and the refund of payments made under the former ElderShield Scheme on or after 1 October 2020 or under the insurance scheme mentioned in sub‑paragraph (ii) on or after the revocation of those regulations, as the case may be;

(n)

make financial provisions in relation to the Fund, the CSHL Scheme and ESH Scheme, including the audit of the Fund and the CSHL Scheme and ESH Scheme and the submission of reports on the administration and enforcement of the Fund or the CSHL Scheme and ESH Scheme; and

(o)

prescribe anything that is required or permitted to be prescribed under this Act.

(3) The regulations may make different provisions for different classes of persons.

(4) All regulations made under this Act must be presented to Parliament as soon as possible after publication in the Gazette.