Singapore legislation

Clause 4

of Monetary Authority of Singapore (Amendment) Bill

Clause 4

Amendment of section 21

Section 21 of the principal Act is hereby amended —

(a)

by deleting the expression “relating to banking, investment or financial affairs” appearing in the fourth and fifth lines of subsection (2) thereof and substituting therefor the words “or any public officer”; and

(b)

by inserting immediately after the expression “Commissioner for Finance Companies,” wherever it appears in subsection (4) thereof in each case the expression “Commissioner of Chit Funds,”.

Read in full context — Monetary Authority of Singapore (Amendment) Bill →