Singapore legislation
Clause 17
of Post Office Savings Bank of Singapore (Transfer of Undertakings and Dissolution) Bill
Clause 17
Dissolution of Credit POSB
Credit POSB shall, by virtue of this Act, be dissolved on the day (being any day after the transfer date) on which, at the request of the Bank, the Registrar of Companies strikes the name of Credit POSB off the register under section 344 of the Companies Act (Cap. 50).