Singapore legislation

Clause 11

of Chit Funds Bill

Clause 11

Fees to be paid in respect of branches of chit fund companies

(1)

The Commissioner may from time to time by notification in the Gazette specify the annual licence fees which chit fund companies in Singapore shall pay for each of their branches.

(2)

The manner of payment shall be as specified by the Commissioner.

Clause 11 — Chit Funds Bill | laws.sg