Singapore legislation

Clause 42

of Finance Companies Bill

Clause 42

Operation of Act not to affect certain other Acts or Ordinances

Nothing in this Act shall affect the operation of the Companies Act, 1967, and the Moneylenders Ordinance, 1959 (Ord. 58 of 1959), and any company that is liable to be incorporated or licensed, as the case may be, under that Act or Ordinance shall continue to be so liable as if this Act had not been passed.