s 39 Regulations for purposes of this Part
39. The Minister may make such regulations as are necessary or expedient for the purpose of carrying out the provisions of this Part and, in particular, such regulations may —(a) provide for the different classes of members of the Scheme and the rates of premium payable by such members; (aa) provide for the maximum amount of premium loading payable by members;[Act 33 of 2024 wef 26/05/2025] (b) provide for the manner and time for payment of premiums and premium loading by the different classes of members of the Scheme;[Act 33 of 2024 wef 26/05/2025] (c) provide for the period and commencement of cover under the Scheme; (ca) prescribe the insured sum in respect of each class of Scheme members; (d) provide, in respect of each class of members of the Scheme, for the amount of money payable by the Board to the Housing Authority or the approved mortgagee in the event of the death or incapacity of a member of the Scheme; (da) prescribe the circumstances referred to in section 36(1)(a) and (2)(a) under which the Board may make payment to any person other than the Housing Authority or the approved mortgagee, the person or persons to whom such payment may be made and the manner in which such payment may be made; (e) provide, in respect of each class of members of the Scheme, for the amount of money payable by the Board under the Scheme where the prescribed premium has not been fully paid; (ea) [Deleted by Act 6 of 2016] (f) provide the circumstances for the refund of any premium or premium loading (and the whole or such part, as the Board may determine, of any interest that would have been payable on the amount of the premium or premium loading if that amount had been standing to a person’s credit in the person’s account in the Fund), and the manner and rate of such refunds;[Act 33 of 2024 wef 26/05/2025] (g) prescribe the evidence to be produced and the person, officer or authority to whom that evidence is to be produced for the purposes of this Part; (h) provide for the manner in which money in the Home Protection Fund may be invested; (i) provide for the premium payable by members of the Scheme in cases where the immovable property is purchased in joint names; (j) provide for such information, evidence and documents that the Board may require a member of the Scheme to furnish for the purposes of this Part; and (k) prescribe anything which the Minister may prescribe under this Part. [23/2012; 24/2013; 6/2016]