Singapore legislation
Clause 3
of Banking Bill
Clause 3
Appointment of Commissioner of Banking
(1)
The Minister shall appoint a Commissioner of Banking for the purposes of this Act.
(2)
The Commissioner may authorise or appoint any person to assist him in the exercise of his functions and duties under this Act, either generally or in any particular case.
(3)
The Commissioner and any person appointed by him pursuant to subsection (2) of this section shall be deemed to be public servants within the meaning of the Penal Code (Cap. 119).