Singapore legislation

Section 172

of Monetary Authority of Singapore Act 1970

Section 172

Guarantee by Government

Amended by31/2017

(1)

The Government is responsible for the payment of all moneys due by the Authority.

Amended by31/2017

(2)

Nothing in this section authorises a creditor or other person claiming against the Authority to sue the Government in respect of the creditor’s or the person’s claim.