My bookmarksSign up free
← Central Provident Fund Act 1953

Central Provident Fund Act 1953 s 18A

Central Provident Fund Act 1953 s 18A

s 18A Transfer of member’s moneys in ordinary account or special account to retirement account

18A.—(1) The Board may, subject to any regulations made under section 77(1)(o) and such terms and conditions as it may impose, permit a member who has less than the prescribed amount standing to the member’s credit in his or her retirement account to transfer a sum (not exceeding such amount as may be prescribed in those regulations) standing to the member’s credit in his or her ordinary account or special account, or in both accounts, to his or her retirement account.[23/2012] (1A) All moneys transferred to a retirement account under subsection (1) must be applied in accordance with any regulations made under section 77(1)(o) and such terms and conditions as the Board may impose.[23/2012] (2) In this section, “prescribed amount” means an amount prescribed by regulations made under section 77(1)(o).[6/2016]

Read this section in the full act → · Open PART 3 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.

What to look at next