In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Moneylenders Act 2008 · 2020 Revised Edition · Part 2A · Freezing of Proceeds of Unlicensed Moneylending
26. Exception
Feedback & support(1)
A person is not guilty of an offence under section 25 if the person credits a specified account with interest or other earnings due on the account.
(2)
To avoid doubt, section 25 applies to any funds credited to the specified account in accordance with subsection (1).[15F