Singapore legislation
Clause 16
of Post Office Savings Bank of Singapore (Transfer of Undertakings and Dissolution) Bill
Clause 16
Immunity from criminal proceedings for disclosure of information for purposes of transfer of undertakings
No criminal proceedings shall lie against any director, officer or employee of POSB or other person for the disclosure before the transfer date to any person of any information referred to in the repealed section 16(1) of the Post Office Savings Bank of Singapore Act (Cap. 237) for or in connection with the transfer of the undertakings under this Act or the sale and purchase agreement.