/akn/sg/act/bill/2023/16

Bretton Woods Agreements (Amendment) Bill

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Type
Bill
Status
In force
Enacted
2023
Sections
3

Quick answer

About this bill

Bretton Woods Agreements (Amendment) Bill is Singapore Bill, cited as Bill 16 2023, currently marked in force and first recorded in 2023.

Clause 1

Short title and commencement

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This Act is the Bretton Woods Agreements (Amendment) Act 2023 and comes into operation on a date that the Minister appoints by notification in the Gazette.

Clause 2

Amendment of section 5

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In the Bretton Woods Agreements Act 1966, in section 5(2), replace “buy or sell” with “buy, sell or otherwise deal with”.

Clause 3

Amendment of section 6A

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In the Bretton Woods Agreements Act 1966, in section 6A —

(a)

after subsection (3), insert —“(3A) Subsections (2) and (3) do not apply to an agreement to finance the operations and the carrying out of the functions of an office of the Fund in Singapore.”; and

(b)

after subsection (4), insert —“(5) Subsection (4) does not apply if —

(a)

the agreement is in a standard form provided by the Fund, which cannot be unilaterally amended by the Monetary Authority of Singapore; or

(b)

the Fund arrangement or Fund program cannot be suspended or prematurely terminated.”.

Common questions

What is Bretton Woods Agreements (Amendment) Bill?
Bretton Woods Agreements (Amendment) Bill is Singapore Bill, cited as Bill 16 2023, currently marked in force and first recorded in 2023.
Is Bretton Woods Agreements (Amendment) Bill still in force?
Yes — Bretton Woods Agreements (Amendment) Bill is currently in force.
When did Bretton Woods Agreements (Amendment) Bill take effect?
Bretton Woods Agreements (Amendment) Bill was first recorded in 2023.
How many clauses does Bretton Woods Agreements (Amendment) Bill have?
Bretton Woods Agreements (Amendment) Bill contains 3 clauses.
Where can I read the official version of Bretton Woods Agreements (Amendment) Bill?
The official text of Bretton Woods Agreements (Amendment) Bill is published at sso.agc.gov.sg.