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Chit Funds Act 1971/Section 23

Singapore legislation

Section 23

of Chit Funds Act 1971

Section 23

Formation of chit funds

Every chit fund must be formed by the execution of a written agreement between the chit fund company on the one part and the intending subscribers severally on the other part.

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Read in full context — Chit Funds Act 1971 →

Parent legislation

Chit Funds Act 1971

ActIn force

Provision 23 of 61

Read in full context — Chit Funds Act 1971 →
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