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← Central Provident Fund Act 1953

Central Provident Fund Act 1953 s 27B

Central Provident Fund Act 1953 s 27B

s 27B Order of court for transfer or payment of money standing to credit of member

27B.—(1) Subject to subsections (2), (3) and (5), where, under an order of court, the spouse of a member of the Fund has been awarded any amount to be paid out from the money standing to the credit of the member in the Fund, including any money which is payable or repayable to the Fund to the credit of the member —(a) if the spouse is a citizen or permanent resident of Singapore, the Board must, as directed by the order of court —(i) transfer the amount to one or more designated accounts maintained, or to be maintained, for the spouse in respect of the money standing to the credit of the spouse in the Fund, such transfer —(A) to take place as soon as practicable after the Board has received a copy of the order of court; and (B) to be in accordance with any regulations made under section 77(1) and subject to such terms and conditions as the Board may determine; or (ii) pay the amount to the spouse, such payment to take place —(A) after the member has become entitled to withdraw the sum standing to the credit of the member under section 15(2), 15AA(1) or 27 or the Board has been notified that the member has died, whichever is the earliest in time; and[Act 36 of 2023 wef 01/07/2024] (B) upon an application by the spouse for the withdrawal of the amount; or (b) if the spouse is not a citizen or permanent resident of Singapore, the Board must pay the amount to the spouse, such payment to take place —(i) after the member has become entitled to withdraw the sum standing to the credit of the member under section 15(2), 15AA(1) or 27 or the Board has been notified that the member has died, whichever is the earliest in time; and[Act 36 of 2023 wef 01/07/2024] (ii) upon an application by the spouse for the withdrawal of the amount. (2) Subject to subsection (5), where the amount standing to the credit of a member in the Fund at the time of the transfer under subsection (1)(a)(i) or payment under subsection (1)(b), after deducting —(a) any amount which the Board is entitled to recover on behalf of the Government under section 14(3) or (3A), or to transfer to the general moneys of the Fund under section 14(3C); and (b) any amount which the Board is entitled to receive or recover on behalf of the Government under section 14A(5) or (6), is less than the amount awarded under the order of court, the Board must transfer or pay (as the case may be) the firstmentioned amount instead of the amount awarded under the order of court. [26/2016] (3) Subject to subsection (5), where the amount standing to the credit of a member in the Fund at the time of the payment under subsection (1)(a)(ii), after deducting —(a) any amount which the Board is entitled to recover on behalf of the Government under section 14(3) or (3A), or to transfer to the general moneys of the Fund under section 14(3C); (b) any amount which the Board is entitled to receive or recover on behalf of the Government under section 14A(5) or (6); (c) the amounts required to be set aside by the member, or from the amount standing to the credit of the member in the Fund, under section 15 or 15AA; and[Act 39 of 2021 wef 01/03/2022] (d) any amount which the member may be required to set aside under any condition referred to in section 27(2)(b) or (3), is less than the amount awarded under the order of court, the Board must pay the firstmentioned amount instead of the amount awarded under the order of court. [26/2016] (4) A transfer or payment of money by the Board under subsection (2) or (3) —(a) is a good and valid discharge of the Board’s obligations under the order of court; but (b) does not affect any recourse which the spouse may have against the member for the balance of the amount awarded under the order of court. (5) Where the order of court requires any amount to be paid or repaid to the Fund to the credit of the member before the Board makes any transfer or payment of money under subsection (1), (2) or (3), the Board must not make the transfer or payment unless —(a) that amount has been paid or repaid to the Fund; and (b) the Board has been notified, in such manner as may be prescribed by any regulations made under section 77(1), of the payment or repayment of that amount. (6) The Board must make a transfer or payment of money standing to the credit of a member of the Fund under subsection (1)(a)(i) or (b) or (2) —(a) despite sections 24, 25, 25A and 26 and every restriction on withdrawal from the Fund under section 15, 15AA, 15AB, 16 or 27 or any regulations made under section 77(1); and[Act 39 of 2021 wef 01/03/2022] [Act 39 of 2021 wef 18/06/2022] (b) in priority to —(i) every withdrawal or transfer of money standing to the credit of the member referred to in section 13(7), 15(8D), 15B, 16A, 16B, 18, 18A, 18B, 18C, 18D, 20, 21, 21A, 21B, 22 or 57DA or any regulations made under section 23 or 77(1); and[Act 33 of 2024 wef 19/01/2025] (ii) every deduction which the Board is entitled to make under —(A) section 27L, 32 or 45 or any regulations made under section 77(1); (B) the MediShield Life Scheme Act 2015; and (C) the CareShield Life and Long‑Term Care Act 2019.[4/2015; 6/2016; 26/2016; 26/2019] (7) The Board must make a payment of money standing to the credit of a member of the Fund under subsection (1)(a)(ii) or (3) —(a) despite sections 24, 25, 25A and 26 and every restriction on withdrawal from the Fund under any regulations made under section 77(1); and[Act 39 of 2021 wef 18/06/2022] (b) in priority to —(i) every withdrawal or transfer of money standing to the credit of the member referred to in section 13(7), 15(8D), 15B, 16A, 16B, 18, 18A, 18B, 18C, 18D, 20, 21, 21A, 21B, 22 or 57DA or any regulations made under section 23 or 77(1); and[Act 33 of 2024 wef 19/01/2025] (ii) every deduction which the Board is entitled to make under —(A) section 27L, 32 or 45 or any regulations made under section 77(1); (B) the MediShield Life Scheme Act 2015; and (C) the CareShield Life and Long‑Term Care Act 2019.[4/2015; 6/2016; 26/2016; 26/2019] (8) The money transferred under subsection (1)(a)(i) or (2) and any interest thereon may be withdrawn in accordance with this Act for such purposes and in such manner as may be prescribed by any regulations made under section 77(1). (9) To avoid doubt, the reference in section 27B(6)(b)(i) and (7)(b)(i) to a withdrawal of money standing to the credit of a member referred to in section 21, 21A or 21B includes a reference to a withdrawal of money standing to the credit of the member that is secured by —(a) a charge under section 21C(1), where the relevant charge referred to in section 21C(1)(a) is a charge under section 21(1), 21A(1), 21B(1), 27E(1)(h) or 27F(1)(h); (b) a charge under section 21C(1), where the relevant charge referred to in section 21C(1)(a) is a charge under section 21C(1), where the relevant charge is a charge under section 21C(1) mentioned in paragraph (a) or this paragraph; or (c) a charge under section 27E(1)(h) or 27F(1)(h).[Act 33 of 2024 wef 01/04/2026]

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

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