Singapore legislation

Clause 12

of Auctioneers’ Licences (Amendment) Bill

Clause 12

Repeal and re-enactment of section 18

Section 18 of the principal Act is repealed and the following section substituted therefor:“Power to make regulations

18. The Minister may make regulations necessary for or convenient to carrying out the provisions of this Act, including but not limited to the length of notice to be given and the manner of advertising sales on the instructions of mortgagees acting under powers of sale or of any person in a position of trust with respect to or liable to account for the proceeds of sale.”.