Monetary Authority of Singapore Act 1970 · 2020 Revised Edition · Part 2 · Establishment, Capital Andadministration of Authority
7. Board of directors
Feedback & supportLast amended by an amending law of 2013. 2 amendments in all.
There is to be a board of directors of the Authority which is responsible for the policy and general administration of the affairs and business of the Authority.
The board must, from time to time, inform the Government of the regulatory, supervisory and monetary policies of the Authority.
The board consists of —
a chairperson who is to be appointed by the President on the recommendation of the Cabinet; and
not less than 4 and not more than 13 other directors, one of whom is the deputy chairperson, appointed in accordance with sections 8 and 9.
The board must provide the Minister with such information as the Minister may require in respect of the duties and functions of the Authority.