Singapore legislation

Clause 2

of Financial Procedure (Amendment) Ordinance

Clause 2

Amendment of section 7

Subsection (3) of section 7 of the Financial Procedure Ordinance, 1959 (hereinafter in this Ordinance referred to as the “principal Ordinance”) is hereby amended —

(i)

by inserting immediately after paragraph (c) thereof the following new paragraph: —“(d)in any of the stocks, funds or securities, not hereinbefore mentioned, authorised for the time being in the United Kingdom for the investment of trust funds; or”; and

(ii)

by re-numbering the existing paragraph (d) thereof as paragraph (e).

Read in full context — Financial Procedure (Amendment) Ordinance →