Singapore legislation

Section 29

of Monetary Authority of Singapore Act 1970

Section 29

Fees

(1)

Every financial institution approved by the Authority under section 28 may be required to pay such fees in respect of anything done under or by virtue of that section as the Authority may by notification in the Gazette prescribe.

(2)

The Authority may prescribe different fees in respect of different classes of financial institutions and such fees are to apply uniformly to such classes.

(3)

The manner of payment is as specified by the Authority.

Section 29 — Monetary Authority of Singapore Act 1970