Singapore legislation
Clause 52
Clause 52
Repeal and re-enactment of section 70
Section 70 of the Banking Act is repealed and the following section substituted therefor:“Publication of information on banks70.—
(1)
The Authority is to publish and maintain on its website at all times, a list of banks licensed under this Act.(2) If any licence is issued, revoked or surrendered, or the name of any bank is changed, the Authority is to publish notice of this in the Gazette.”.