Singapore legislation

Section 55ZG

of Banking Act 1970

Section 55ZG

Application of provisions in Part 6

Amended by1/20201/2020

(1)

Subject to section 55R, section 38 read with the Fifth Schedule (as applied by section 55ZL) applies to or in relation to a merchant bank in Singapore or a class of merchant banks in Singapore as it applies to or in relation to a bank in Singapore or a class of banks in Singapore.

Amended by1/2020

(2)

Subject to section 55R, section 40 applies to or in relation to a merchant bank in Singapore or a class of merchant banks in Singapore as it applies to or in relation to a bank in Singapore or a class of banks in Singapore.

Amended by1/2020