In force2024 Revised EditionCurrent version · 2024 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
4. Security not to be applied for other purposes
Feedback & supportThe security furnished under regulations 2 and 3 must not —
(a)
be liable to be attached in execution of a decree or otherwise; or
(b)
be alienated in any manner whatsoever and any such alienation by way of transfer or charge, mortgage or other encumbrance is void.