Singapore legislation

Clause 33

of Banking Bill

Clause 33

Exemption

The provisions of this Ordinance shall not apply to —

(a)

the Post Office Savings Bank established under the provisions of the Post Office Savings Bank Ordinance (Cap. 106);

(b)

any co‑operative society registered under the Co‑operative Societies Ordinance (Cap. 175); or

(c)

any business of pawnbroking carried on by a person licensed under the Pawnbrokers Ordinance (Cap. 195).