Which court orders are not required to be submitted to CPF Board for the purpose of division of CPF assets in a divorce?
If the only CPF-related orders in your court order pertains to dividing the matrimonial property with full CPF refunds to be made to the outgoing owner's CPF account, there is no need to submit the court order to the Board. Please refer to the following property transactions that may meet this criterion:
1. Transfer
2. Sale
3. Part-share sale
4. Surrender
5. Removal of occupier’s name
6. Cancellation of purchase
If the property is currently owned by one party and it is to be retained in the current owner’s sole name (i.e. there is no outgoing owner), there is also no need to submit the court order to the Board as CPF refunds are not applicable.
The enhanced process facilitates the completion of housing transactions, especially those that need to be completed within a certain timeframe as stated in the court order. By removing the requirement to submit such court orders, the parties can complete the transaction without the need to wait for the Board's reply on the court order.
Please refer to Annex A (PDF, 256KB) for examples of court orders that are not required to be submitted to the CPF Board.
You may also wish to know the types of court orders required to be submitted to CPF Board.
Please note that the above process does not change the conveyancing requirements. For conveyancing transactions involving properties with CPF savings embedded, please continue to submit the relevant applications (e.g. Notice of Refund, Application form for use of CPF savings under the CPF Housing Schemes) via our Housing Business Partner Portal. See applications to be submitted for conveyancing transactions.
