In forceUpdated to 9 Mar 2025Current version · Updated to 9 Mar 2025See versions on Singapore Statutes Online(opens the publisher’s site)
Financial Holding Companies Act 2013 · Updated to 9 Mar 2025 · Part X · Miscellaneous
Financial Holding Companies Act 2013 · Updated to 9 Mar 2025 · Part X · Miscellaneous
Official textFrom Singapore Statutes Online, unchanged
There shall be recoverable as a civil debt due to the Authority from the designated financial holding company concerned —
the amount of the levy payable under section 9; and
any remuneration and expenses payable by the designated financial holding company to —
any person appointed under section 42(3);
a statutory adviser appointed under section 47(2);
a statutory manager appointed under section 47(2); and
the Authority or any person appointed by the Authority under section 61 in relation to the Authority assuming control of any businesses of the designated financial holding company under section 47.