Singapore legislation

Clause 25

of Monetary Authority of Singapore Bill

Clause 25

Agents

In the exercise of its powers and the performance of its functions under this Act the Authority may —

(a)

establish agencies at such places outside Singapore as it thinks fit;

(b)

arrange with and authorise a person to act as agent of the Authority outside Singapore;

(c)

act as agent of a bank carrying on business inside or outside Singapore; and

(d)

act as agent of any public authority either generally or for a particular purpose inside or outside Singapore.

Clause 25 — Monetary Authority of Singapore Bill | laws.sg