In forceAmended2020 Revised Edition

Contents

Monetary Authority of Singapore Act 1970 · 2020 Revised Edition · Part 5A · Book-Entry Securities Issued by Authority

141. Early redemption

Amended

Last amended by an amending law of 2017. 2 amendments in all.

(1)

The Authority may, from time to time, by public notice invite the public to apply to redeem any book‑entry MAS securities specified in the public notice before the date of maturity of those securities.

(2)

The public notice referred to in subsection (1) may specify —

(a)

the terms and conditions relating to the early redemption of the book‑entry MAS securities specified in the public notice, including the manner in which any offer for early redemption is to be made; and

(b)

such other information as the Authority may consider necessary.

(3)

The Authority may refuse any application to redeem any book‑entry MAS securities before the date of maturity of those securities without giving any reason.