Singapore legislation

Clause 9

of Moneylenders (Amendment) Bill

Clause 9

Amendment of section 10

(1)

Section 10(3) of the Moneylenders Act is amended by deleting “$20,000” in paragraph (c) and substituting the words “such amount as the Minister may prescribe,”.

(2)

Section 10 of the Moneylenders Act is amended by deleting subsection (5).