Singapore legislation
Section 39
Section 39
Remuneration and expenses of Authority and others in certain cases
Amended by10/2013
The Authority may at any time fix the remuneration and expenses to be paid by a finance company —
(a)
to a statutory manager or statutory adviser appointed in relation to the finance company, whether or not the appointment has been revoked; and
(b)
where the Authority has assumed control of the relevant business of the finance company, to the Authority and any person authorised or appointed by the Authority under section 42 in relation to the Authority’s assumption of control of the relevant business, whether or not the Authority has ceased to be in control of the relevant business.