Singapore legislation

Clause 18

of Finance Companies (Amendment) Bill

Clause 18

Amendment of section 28

Section 28 of the principal Act is hereby amended —

(a)

by inserting immediately after subsection (2) thereof the following new subsection: —“(3) The Commissioner may authorise or appoint any person to assist him in the exercise of his functions and duties under this Act, either generally or in a particular case.”; and

(b)

by renumbering the existing subsection (3) thereof as subsection (4).