Banking Act 1970 · 2020 Revised Edition · Part 8 · Credit Card and Charge Card Businesses
56. Interpretation of this Part
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In this Part, unless the context otherwise requires —“advertisement” means the dissemination or conveyance of information, or an invitation or solicitation by any means or in any form, including by means of —
publication in a newspaper, magazine, journal or other periodical;
display of posters or notices;
circulars, handbills, brochures, pamphlets, books or other documents;
letters addressed to individuals or bodies;
photographs or cinematograph films; or
sound broadcasting, television, the Internet or other media;“credit card” or “charge card” means any article, whether in physical or electronic form, of a kind commonly known as a credit card or charge card or any similar article intended for use in purchasing goods or services on credit, whether or not the card is valid for immediate use;“licence” means a licence to carry on the business of issuing credit cards or charge cards in Singapore;“licensee” means a person who is granted a licence under section 57B;“place of business”, in relation to a licensee, includes a head or main office, a branch, an agency, a mobile branch of the licensee, any office established and maintained for a limited period only, and any other place used by the licensee for the conduct of any business of the licensee.
licence
“licence” means —(a)a bank licence granted or held under section 7 or 79; or(b)a merchant bank licence granted under section 55S or treated as having been granted under section 64 of the Banking (Amendment) Act 2020;
“advertisement” means the dissemination or conveyance of information, or an invitation or solicitation by any means or in any form, including by means of —
publication in a newspaper, magazine, journal or other periodical;
display of posters or notices;
circulars, handbills, brochures, pamphlets, books or other documents;
letters addressed to individuals or bodies;
photographs or cinematograph films; or
sound broadcasting, television, the Internet or other media;
“credit card” or “charge card” means any article, whether in physical or electronic form, of a kind commonly known as a credit card or charge card or any similar article intended for use in purchasing goods or services on credit, whether or not the card is valid for immediate use;
“licence” means a licence to carry on the business of issuing credit cards or charge cards in Singapore;
“licensee” means a person who is granted a licence under section 57B;
“place of business”, in relation to a licensee, includes a head or main office, a branch, an agency, a mobile branch of the licensee, any office established and maintained for a limited period only, and any other place used by the licensee for the conduct of any business of the licensee.
place of business
“place of business”, in relation to a bank or merchant bank, includes —(a)a head or main office;(b)a branch;(c)an agency;(d)a mobile branch;(e)any office established and maintained for the bank or merchant bank (as the case may be) for a limited period only; and(f)any other place used by the bank or merchant bank (as the case may be) for the conduct of any of its business;