Singapore legislation

Clause 5

of Post Office Savings Bank (Amendment) Bill

Clause 5

Amendment of section 21

Subsection (2) of section 21 of the Ordinance is hereby amended —

(a)

by inserting immediately after paragraph (k) thereof the following new paragraphs: —“(l)prescribe the conditions governing the sale of and repayment of gift vouchers;

(m)

prescribe the conditions upon which gift vouchers may be used for making deposits of money in the Savings Bank;

(n)

prescribe the conditions governing the acceptance or rejection of gift vouchers for the purpose of making deposits in the Savings Bank;”; and

(b)

by renumbering the existing paragraph (l) thereof as paragraph (o).

Read in full context — Post Office Savings Bank (Amendment) Bill →