Singapore legislation
Clause 31
Clause 31
Amendment of section 27B
In the principal Act, in section 27B, after subsection (8), insert —“(9) To avoid doubt, the reference in section 27B(6)(b)(i) and (7)(b)(i) to a withdrawal of money standing to the credit of a member referred to in section 21, 21A or 21B includes a reference to a withdrawal of money standing to the credit of the member that is secured by —
a charge under section 21C(1), where the relevant charge referred to in section 21C(1)(a) is a charge under section 21(1), 21A(1), 21B(1), 27E(1)(h) or 27F(1)(h);
a charge under section 21C(1), where the relevant charge referred to in section 21C(1)(a) is a charge under section 21C(1), where the relevant charge is a charge under section 21C(1) mentioned in paragraph (a) or this paragraph; or
a charge under section 27E(1)(h) or 27F(1)(h).”.