Singapore legislation

Section 24

of Moneylenders Act 2008

Section 24

Orders: further provisions

Amended by40/201940/201912/2018

(1)

Where the Minister makes an order under section 23, he or she must —

(a)

either publish the order in the Gazette or serve a copy of the order on certain persons only; and

(b)

if he or she varies or revokes the order, take steps to publish the variation or revocation in the Gazette or bring the variation or revocation to the attention of the persons served with a copy of the order, as the case may be.

(2)

Where the Minister serves a copy of the order on certain persons under subsection (1), only those persons are subject to the prohibition in section 25(1).

(3)

The General Division of the High Court may, on the application of a person affected by the order, set aside the order in whole or in part.

Amended by40/2019

(4)

An application under subsection (3) must be made within 30 days from the date of publication or service of the order, as the case may be.

(5)

The order may be set aside in whole or in part by the General Division of the High Court if, and only if, the applicant proves to the satisfaction of the General Division of the High Court that any specified property is not, or any specified account has not been credited with, proceeds of unlicensed moneylending.

Amended by40/2019

(6)

The correctness, validity or legality of the order made under section 30(1) or 32 (as the case may be) of the Criminal Law (Temporary Provisions) Act 1955, or of any ground upon which such order is made, is not to be raised as an issue or called into question in the course of an application under subsection (3) or during any proceedings relating to such application.

Amended by12/2018

(7)

A person who makes an application under subsection (3) must serve a copy of the application on the Attorney‑General not later than 7 days before the date fixed for the hearing of the application.

(8)

Rules of Court may provide for the manner in which proceedings relating to an application under subsection (3) may be commenced or carried on.[15D

Section 24 — Moneylenders Act 2008 | laws.sg