s 131 Interpretation of this Part
131. In this Part, unless the context otherwise requires —“Central Provident Fund” means the Central Provident Fund established under section 6 of the Central Provident Fund Act 1953; “Central Provident Fund Board” means the Central Provident Fund Board constituted under section 3 of the Central Provident Fund Act 1953; “relevant policy” means any life policy or accident and health policy, whether issued before, on or after 1 September 2009, which —(a) is issued by a licensed insurer; (b) is governed by Singapore law; (c) provides death benefits; (d) insures the life of the policy owner; (e) is not the subject of any trust created under section 73 of the Conveyancing and Law of Property Act 1886; and (f) is not an annuity purchased with the retirement sum under section 15(6C) of the Central Provident Fund Act 1953; “retirement sum” has the meaning given by section 2(1) of the Central Provident Fund Act 1953; “will” has the meaning given by the Wills Act 1838.[49K [3/2009; 11/2013; 26/2016]