Singapore legislation
Section 141
Section 141
Early redemption
Amended by9/201331/20179/20139/2013
(1)
The Authority may, from time to time, by public notice invite the public to apply to redeem any book‑entry MAS securities specified in the public notice before the date of maturity of those securities.
Amended by9/201331/2017
(2)
The public notice referred to in subsection (1) may specify —
(a)
the terms and conditions relating to the early redemption of the book‑entry MAS securities specified in the public notice, including the manner in which any offer for early redemption is to be made; and
(b)
such other information as the Authority may consider necessary.
Amended by9/2013
(3)
The Authority may refuse any application to redeem any book‑entry MAS securities before the date of maturity of those securities without giving any reason.
Amended by9/2013