My bookmarksSign up free
← Central Provident Fund Act 1953

Central Provident Fund Act 1953 s 57DA

Central Provident Fund Act 1953 s 57DA

s 57DA Withdrawal from Fund where relevant contribution credited into account of eligible member in certain circumstances

57DA.—(1) Despite sections 14(2A), 15(2), (6), (6C) and (7), 15AA(1) and (5) and 27, where the Board has credited a relevant contribution into an eligible member’s account in the Fund (called in this section the contribution amount), the Board may, on the member’s application, permit the member to withdraw an amount determined by the Board —(a) from one or more accounts in the Fund as the Board may determine; (b) in circumstances prescribed by regulations made under section 57F; and (c) if the member satisfies such requirements as the Board may specify.[6/2016] [Act 39 of 2021 wef 01/01/2022] [Act 39 of 2021 wef 01/03/2022] (2) An application under subsection (1) must be made within such time as may be prescribed by regulations made under section 57F.[6/2016] (3) The amount that the Board may permit a member to withdraw under subsection (1) must not exceed the contribution amount.[6/2016]

Read this section in the full act → · Open PART 6A →

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