Singapore legislation

Section 58

of Credit Bureau Act 2016

Section 58

Remuneration and expenses of Authority and others in certain cases

The Authority may at any time fix the remuneration and expenses to be paid by a licensed credit bureau —

(a)

to a statutory adviser or statutory manager appointed in relation to the licensed credit bureau, whether or not the appointment has been revoked; and

(b)

where the Authority has assumed control of any business of a licensed credit bureau under section 54(2)(c), to the Authority and any person appointed by the Authority under section 5 in relation to its assumption of control of such business, whether or not the Authority has ceased to be in control of such business.