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Routine Rule Amended Final

CPF Amendment No. 2 Regulations 2026 - Investment Scheme Proceeds

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Summary

The Ministry of Manpower, Singapore has amended Regulation 14 of the Central Provident Fund Regulations 1987 to insert a new provision (1)(da) and (2)(da) addressing amounts credited to members' ordinary accounts under the CPF Investment Schemes Regulations 2000. The amendment applies retroactively and prospectively to proceeds of sale of designated shares sold before, on, or after 8 April 2026. The changes clarify the timing of when restored amounts related to designated shares become recoverable.

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What changed

The amendment inserts new sub-paragraph (da) into regulation 14(1) and regulation 14(2) of the CPF Regulations 1987. New provision (1)(da) establishes that amounts credited to a member's ordinary account under regulation 35(2) of the CPF (Investment Schemes) Regulations 2000, representing proceeds from sale of designated shares, are subject to the regulation. New provision (2)(da) specifies that amounts mentioned in paragraph (1)(da) or restored amounts related to those amounts are recoverable at any time.

The changes affect CPF members who participate in the CPF Investment Schemes and hold designated shares. Fund managers and the CPF Board must ensure account systems correctly apply these new provisions, including retroactively for existing transactions. Legal and compliance teams should review account maintenance procedures to incorporate the unlimited recovery timeframe for restored amounts.

What to do next

  1. Review member account records for designated share proceeds
  2. Update compliance procedures for CPF Investment Scheme account treatment
  3. Assess retroactivity implications for pre-8 April 2026 share sales

Archived snapshot

Apr 8, 2026

GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.

Central Provident Fund (Amendment No. 2) Regulations 2026 Status:
Published in Subsidiary Legislation Supplement
on 07 Apr 2026
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-
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No. S 213
| Central Provident Fund Act 1953 |

| Central Provident Fund
(Amendment No. 2) Regulations 2026 |

| | In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act 1953, the Minister for Manpower, after consulting with the Central Provident Fund Board, makes the following Regulations: | | In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act 1953, the Minister for Manpower, after consulting with the Central Provident Fund Board, makes the following Regulations: |
| In exercise of the powers conferred by section 77(1) of the Central Provident Fund Act 1953, the Minister for Manpower, after consulting with the Central Provident Fund Board, makes the following Regulations: | |

| Citation and commencement |

| 1. These Regulations are the Central Provident Fund (Amendment No. 2) Regulations 2026 and come into operation on 8 April 2026. |

| Amendment of regulation 14 |

| 2. In the Central Provident Fund Regulations 1987, in regulation 14 —
| (a) | in paragraph (1), after sub-paragraph (d), insert —
\| \| “ (da) \| an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and \| \| “ (da) \| an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and \|
\| “ (da) \| an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and \| \| | \| “ (da) \| an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and \| | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and |
| \| “ (da) \| an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and \| | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | |
| “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | | |
| (b) | in paragraph (2), after sub-paragraph (d), insert —
\| \| “ (da) \| an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. \| \| “ (da) \| an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. \|
\| “ (da) \| an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. \| \| | \| “ (da) \| an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. \| | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. |
| \| “ (da) \| an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. \| | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | |
| “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | | | | (a) | in paragraph (1), after sub-paragraph (d), insert —
| \| “ (da) \| an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and \| | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and |
| “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | | | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | (b) | in paragraph (2), after sub-paragraph (d), insert —
| \| “ (da) \| an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. \| | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. |
| “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | | | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. |
| (a) | in paragraph (1), after sub-paragraph (d), insert —
| \| “ (da) \| an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and \| | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and |
| “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | | | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | | | | | |
| | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | | | | | | | |
| “ (da) | an amount credited to the member’s ordinary account under regulation 35(2) of the Central Provident Fund (Investment Schemes) Regulations 2000, in respect of the proceeds of sale of any designated shares sold before, on or after 8 April 2026; ”; and | | | | | | | | | |
| (b) | in paragraph (2), after sub-paragraph (d), insert —
| \| “ (da) \| an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. \| | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. |
| “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | | | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | | | | | |
| | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | | | | | | | |
| “ (da) | an amount mentioned in paragraph (1)(da) or a restored amount in respect of that amount — at any time; ”. | | | | | | | | | |
[G.N. No. S 149/2026]
| | Made on 27 March 2026. |

| STANLEY LOH |
Permanent Secretary,
Ministry of Manpower,
Singapore. | Made on 27 March 2026. | STANLEY LOH |
| Made on 27 March 2026. | | |
| STANLEY LOH | | |

| [RESD/Cross-cutting Policy/CPFSL/2026; AG/LEGIS/SL/36/2025/23] |

| (To be presented to Parliament under section 78(2) of the Central Provident Fund Act 1953). |

| |

Named provisions

Regulation 14 - Amendment of regulation 14 Regulation 1 - Citation and commencement

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Last updated

Classification

Agency
MOM
Published
April 8th, 2026
Instrument
Rule
Legal weight
Binding
Stage
Final
Change scope
Minor
Document ID
S 213 of 2026

Who this affects

Applies to
Investors Fund managers Financial advisers
Industry sector
5239 Asset Management
Activity scope
Pension fund contributions Investment scheme accounts Share sale proceeds
Geographic scope
Singapore SG

Taxonomy

Primary area
Financial Services
Operational domain
Compliance
Topics
Securities Pensions & Retirement

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