In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 · 2020 Revised Edition · Part 5 · Compensation Under di Scheme
24. Restrictions on entitlement to compensation under DI Scheme
Feedback & supportWhere the Agency has paid an insured depositor the full amount of compensation payable to the insured depositor or any person referred to in section 22(7) or both (as the case may be) in respect of the insured depositor’s insured deposits, in accordance with this Act, no other person is entitled, in respect of those same insured deposits, to compensation under this Part.
Agency
Defined · s 2
“Agency” means the company designated by the Minister under section 56 to be the deposit insurance and policy owners’ protection fund agency;