Singapore legislation
Section 11A
Section 11A
Securities lending arrangements
(1)
The Authority may, from time to time, enter into securities lending arrangements by lending Government securities issued under this Act to primary dealers.
(2)
Lending Government securities must include an arrangement under which Government securities are sold and repurchased.
(3)
Nothing in this section affects the power of the Minister to make investments under section 7 of the Financial Procedure Act 1966.