Singapore legislation

Clause 32

of Banking (Amendment) Bill

Clause 32

Amendment of section 47

Section 47 of the Banking Act is amended —

(a)

by deleting the words “approved as a financial institution under section 28 of the Monetary Authority of Singapore Act (Cap. 186)” in subsection (10); and

(b)

by deleting the section heading and substituting the following section heading:“Privacy of customer information”.