Singapore legislation

Clause 4

of Monetary Authority of Singapore (Amendment) Bill

Clause 4

Amendment of section 8

Section 8 (1) of the principal Act is amended —

(a)

by deleting the words “paragraph (d)” and substituting the words “paragraph (b)”; and

(b)

by inserting, immediately after the word “President” at the end, the words “who shall, on the recommendation of the Minister, also appoint the deputy chairman”.

Read in full context — Monetary Authority of Singapore (Amendment) Bill →