Singapore legislation

Regulation 18A

of Banking (Credit Card and Charge Card) Regulations 2013

Regulation 18A

Use of cards on public transport

Amended byS 261/2017 wef 01/06/2017

Subregulation 1

A card issuer does not contravene regulation 14(2) or (3), 16(2) or 17(2)(a) by permitting an amount to be charged to a credit card or charge card issued to a Singapore cardholder, if the amount —

(a)

is for the payment of a bus fare or a train fare; and

(b)

does not at any time exceed $500.

Subregulation 2

In this regulation, “bus fare” and “train fare” have the same meanings as in section 2 of the Public Transport Council Act (Cap. 259B).