Clause 1
Short title
This Act may be cited as the Civil Law (Amendment) Act 1993.
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Civil Law (Amendment) Bill is Singapore Bill, cited as Bill 1 1993, currently marked not in force and first recorded in 1993.
Short title
This Act may be cited as the Civil Law (Amendment) Act 1993.
New section 9A
The Civil Law Act is amended by inserting, immediately after section 9, the following section:“Charges and mortgages over choses in action9A. For the avoidance of doubt, it is hereby declared that a person (“the first person”) is able to create, and always has been able to create, in favour of another person (“the second person”) a legal or equitable charge or mortgage over all or any of the first person’s interest in a chose in action enforceable by the first person against the second person, and any charge or mortgage so created shall operate neither to merge the interest thereby created with, nor to extinguish or release, that chose in action.”.
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