Singapore legislation

Clause 9

of Development Loan Ordinance

Clause 9

Register of stock

(1)

All stock issued under the provisions of this Ordinance shall be entered in a register to be kept for the purpose by the Treasury in such form as may from time to time be approved by the Minister.

(2)

All stock issued under the provisions of this Ordinance and the right to receive the principal moneys and interest represented thereby shall be transferable by an instrument of transfer registered by the Treasury.

(3)

No stock issued under the provisions of this Ordinance shall be registered except in the name of an individual person or persons or of a corporation.

Clause 9 — Development Loan Ordinance | laws.sg