Singapore legislation

Clause 18

of Money-changing and Remittance Businesses Bill

Clause 18

Regulations

(1)

The Authority may, from time to time, make such regulations for, or in respect of, every purpose which is deemed necessary for carrying out the provisions of this Act and for the prescribing of any matter which is authorised or required under this Act to be so prescribed.

(2)

Without prejudice to the generality of subsection (1), the Authority may by such regulations —

(a)

prescribe fees to be charged under this Act; and

(b)

regulate the conduct of money-changing and remittance business by persons holding licences issued under this Act.

Read in full context — Money-changing and Remittance Businesses Bill →