Clause 4
Amendment of section 21
of Monetary Authority of Singapore (Amendment) Bill
BillNot in forceProvision 4 of 6
Clause 4
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,”.