In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Chit Funds Act 1971 · 2020 Revised Edition · Part 7 · Miscellaneous Provisions
51. Recovery of fees, expenses, etc.
Feedback & supportThere is recoverable as a civil debt due to the Government from the chit fund company concerned the amount of any fees payable under this Act or any regulations made under this Act.
chit fund company
Defined · s 2
“chit fund company” means a company which carries on chit fund business and holds a valid licence granted under section 7. All branches and offices in Singapore of the company are deemed to be one chit fund company for the purposes of this Act;