Singapore legislation

Clause 52

of Banking (Amendment) Bill

Clause 52

Consequential amendment to Hostage‑Taking Act

Section 2 of the Hostage-Taking Act (Cap. 126C, 2011 Ed.) is amended by deleting the definition of “bank” and substituting the following definition:“ “bank” means a bank or merchant bank licensed under the Banking Act (Cap. 19), and includes a finance company licensed under the Finance Companies Act (Cap. 108);”.

Clause 52 — Banking (Amendment) Bill | laws.sg