In forceAmended2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Banking Act 1970 · 2020 Revised Edition · Part 3 · Licensing of Banks
11A. Appeal to Minister
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Last amended by an amending law of 2020.
Any applicant who is aggrieved by the refusal of the Authority to grant a bank licence under section 7(3) may, within 30 days of the decision of the Authority, appeal in writing to the Minister whose decision is final and must be given effect to by the Authority.