Singapore legislation
Clause 25
Clause 25
Amendment of section 335
Section 335 of the principal Act is hereby amended —
(a)
by deleting the word “Minister” appearing in subsections (1) and (3) thereof and substituting therefor in each case the word “Authority”; and
(b)
by deleting subsection (4) thereof and substituting therefor the following: —“(4) All fees received by a receiver in respect of services performed by him as receiver shall be accounted for to the Authority and shall form part of the funds of the Authority.”.