Singapore legislation

Section 15D

of Banking Act 1970

Section 15D

Power to exempt and make further transitional provisions

The Minister may, by order in the Gazette —

(a)

exempt —

(i)

any person or class of persons; or

(ii)

any class or description of shares or interests in shares,from section 15A or 15B, subject to such terms and conditions as may be specified in the order; and

(b)

make such further transitional provisions as the Minister considers necessary or expedient for the purposes of section 15A, 15B or 15C.

Read in full context — Banking Act 1970 →