Clause 16
Repeal and re-enactment of section 30
of Monetary Authority of Singapore (Amendment) Bill
BillNot in forceProvision 16 of 17
Clause 16
Section 30 of the principal Act is repealed and the following section substituted therefor:“Borrowing from Authority by employees
30. The Authority may grant loans to its employees for any purpose specifically approved by the Authority.”.