"Reply of the Supreme People's Court on the Compulsory Enforcement of Eligible Housing Provident Funds" was clearly approved. If the person subjected to execution complies with the provisions of Article 24 of the Regulations on the Management of Housing Provident Fund in the State Council, the enforcement court may enforce the balance of the employee's housing provident fund account under the condition that the employee's basic living and living conditions are guaranteed according to law. The extraction conditions stipulated in Article 24 of the Regulations on the Management of Housing Provident Fund are as follows:

(1) Purchase, build, renovate and overhaul owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(6) the rent exceeds the prescribed proportion of family wage income.

However, we generally believe that if the executed person meets the above conditions at the same time when the means of execution are exhausted, we can deduct his provident fund.

Legal objectivity:

Regulations on the administration of housing provident fund

Article 24

Workers in any of the following circumstances, you can extract the balance of storage in the employee housing provident fund account:

(a) the purchase, construction, renovation and overhaul of owner-occupied housing;

(2) retirement;

(three) completely lose the ability to work, and terminate the labor relationship with the unit;

(4) Having left the country to settle down;

(5) Repaying the principal and interest of the house purchase loan;

(six) the rent exceeds the prescribed proportion of family wage income.