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← Central Provident Fund Act 1953

Central Provident Fund Act 1953 s 18C

Central Provident Fund Act 1953 s 18C

s 18C Transfer of member’s moneys in ordinary account or special account to medisave account

18C.—(1) The Board may, on the application of a member who has less than the requisite amount applicable to the member standing to the member’s credit in his or her medisave account and subject to such terms and conditions as the Board may impose, transfer to his or her medisave account a sum standing to the member’s credit in his or her ordinary account or special account, or in both accounts.[26/2016] (2) [Deleted by Act 20 of 2011] (3) In this section, “requisite amount” means the amount as directed by the Minister under section 13(6).

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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.

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