Singapore legislation

Section 16

of Post Office Savings Bank of Singapore (Transfer of Undertakings and Dissolution) Act

Section 16

Immunity from criminal proceedings for disclosure of information for purposes of transfer of undertakings

No criminal proceedings shall lie against any director, officer or employee of POSB or other person for the disclosure before the transfer date to any person of any information referred to in the repealed section 16(1) of the Post Office Savings Bank of Singapore Act (Cap. 237, 1985 Ed.) for or in connection with the transfer of the undertakings under this Act or the sale and purchase agreement.

Section 16 — Post Office Savings Bank of Singapore (Transfer of Undertakings and Dissolution) Act