Singapore legislation

Clause 4

of Jurong Town Corporation (Amendment) Bill

Clause 4

Amendment of section 27A

Section 27A of the principal Act is amended by inserting, immediately after subsection (3), the following subsection:“(4) The Corporation may, with the written approval of the Minister, grant loans to any company in which the Corporation holds any shares.”.

Read in full context — Jurong Town Corporation (Amendment) Bill →