Singapore legislation

Clause 4

of Moneylenders (Amendment) Bill

Clause 4

Amendment of section 17

Section 17 of the Ordinance is hereby amended —

(a)

by deleting the word “and” appearing at the end of paragraph (a) thereof; and

(b)

by deleting the full-stop appearing at the end of paragraph (b) thereof and substituting therefor the expression “; and”, and by inserting immediately thereafter the following paragraph: —“(c)the note or memorandum is presented for stamping within seven days after its execution.”.