Singapore legislation
Clause 53
Clause 53
Consequential amendment to Housing and Development Act
Section 51(11) of the Housing and Development Act (Cap. 129, 2004 Ed.) is amended by deleting the words “approved as a financial institution under the Monetary Authority of Singapore Act (Cap. 186)” in paragraph (d) of the definition of “approved financial institution” and substituting the words “licensed under the Banking Act”.