In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Banking Act 1970 · 2020 Revised Edition · Part 7 · Powers of Control Over Banks, Etc.
41. Regulation of interest rates of banks
Feedback & support(1)
The Authority may from time to time determine and announce the rates of interest payable to or by banks in Singapore, the rates of discount chargeable by banks in Singapore, or the rates of commission and other charges payable to banks in Singapore.
(2)
Subsection (1) does not apply to transactions between banks in Singapore.