Singapore legislation

Section 6A

of Monetary Authority of Singapore Act 1970

Section 6A

Transfer of Currency Fund to Authority’s accounts

Amended by31/201731/2017

(1)

For the purposes of section 21 of the Currency Act 1967, the Authority must, starting from 15 August 2017, commence transferring all of the assets (including external assets) and liabilities of the Currency Fund established under section 21(1) of the Currency Act 1967 as in force immediately before that date, to such of the accounts holding the Authority’s assets and liabilities as the Authority may determine.

Amended by31/2017

(2)

Upon the completion of the transfer mentioned in subsection (1), the Authority must publish a notification in the Gazette of the completion and the date of the completion.

Amended by31/2017