Singapore legislation

Clause 2

of Moneylenders (Amendment) Bill

Clause 2

Amendment of section 2

Section 2 of the Moneylenders Ordinance, 1959 (hereinafter in this Act referred to as “the Ordinance”) is hereby amended by deleting the full-stop appearing at the end of paragraph (d) of the definition of “moneylender” therein and substituting therefor the expression “; or”, and by inserting immediately thereafter the following paragraph: —“(e)any finance company licensed under the Finance Companies Act, 1967 (Act 43 of 1967);”.

Clause 2 — Moneylenders (Amendment) Bill | laws.sg