Singapore legislation

Regulation 3

of Land Transport Authority of Singapore (Assignment of Transport Acquirer Function) Notification 2008

Regulation 3

Additional functions

The Minister for Transport hereby assigns to the Land Transport Authority of Singapore the following additional functions:

(a)

acting as an acquirer in Singapore with respect to any land transport payment card;

(b)

acting as a load agent in Singapore to enable any lawful user of a land transport payment card to add value in the land transport payment card; and

(c)

acting as a holder of the stored value facility for travel at concessionary rates on any bus service or rapid transit system service.