Clause 14
Amendment of section 17
of Money-changing and Remittance Businesses (Amendment) Bill
BillNot in forceProvision 14 of 27
Clause 14
Section 17 of the principal Act is amended —
(a)
by deleting the word “prescribe” in subsection (1) and substituting the word “specify”;
(b)
by deleting “$5,000” in subsection (2) and substituting “$50,000”; and
(c)
by deleting “$1,000” in subsection (2) and substituting “$5,000”.