Regulation 1
Citation
This Order is the Finance Companies (Maintenance of Reserves) Order 1999.
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Finance Companies (Maintenance of Reserves) Order 1999 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FCA-OR1 1967, currently marked in force and first recorded in 1967.
Citation
This Order is the Finance Companies (Maintenance of Reserves) Order 1999.
Reserves
The reserves to be maintained by a finance company with the Monetary Authority of Singapore are to be 3% of the liabilities base of the finance company.
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