Singapore legislation

Clause 2

of Moneylenders (Amendment) Bill

Clause 2

Amendment of section 10

Section 10 of the Moneylenders Act is amended —

(a)

by deleting the word “commence” in subsection (1) and substituting the words “carry on”;

(b)

by deleting the word “commences” in subsection (13)(a) and substituting the words “carries on”; and

(c)

by deleting the words “continues to carry on the business of moneylending in” in subsection (13)(b) and substituting the words “carries on the business of moneylending at”.

Read in full context — Moneylenders (Amendment) Bill →