Skip to content
In force2020 Revised Edition

Part 3 · Licensing of Banks

15D. Power to exempt and make further transitional provisions

Feedback & support

The Minister may, by order in the Gazette —

(a)

exempt —

(i)

any person or class of persons; or

(ii)

any class or description of shares or interests in shares,from section 15A or 15B, subject to such terms and conditions as may be specified in the order; and

(b)

make such further transitional provisions as the Minister considers necessary or expedient for the purposes of section 15A, 15B or 15C.

Report

Part 4

Reserve Funds, Dividends, Balance Sheets and Information

Part 5

Prohibited Business

Part 6

Minimum Asset Requirements

Part 7

Powers of Control Over Banks, Etc.

Part 7A

Transfer of Business

Part 7B

Merchant Banks

Part 8

Credit Card and Charge Card Businesses

Part 9

Miscellaneous

Schedules