Singapore legislation

Clause 38

of Banking (Amendment) Bill

Clause 38

Amendment of section 55

Section 55(2) of the Banking Act is amended —

(a)

by deleting paragraph (h); and

(b)

by deleting paragraph (n) and substituting the following paragraph:“(n)the opening of new places of business and representative offices and the change of location of any place of business or representative office;”.