51. Special provisions relating to non-resident principal

Terms defined in this Act

• moneylender

  moneylender

  Defined · s 2

  “moneylender” means a person who, whether as principal or agent, carries on or holds himself, herself or itself out in any way as carrying on the business of moneylending, whether or not the person carries on any other business, but does not include any excluded moneylender;

  Open s 2
• principal

  principal

  Defined · s 2

  “principal”, in relation to a loan, means the amount actually lent by a moneylender under the contract for the loan;

  Open s 2
• process

  process

  Defined · s 54

  “process”, in relation to data, means to carry out any operation or set of operations in relation to the data, and includes any of the following:(a)to collect or record the data;(b)to hold the data;(c)to organise, combine, adapt or alter the data;(d)to retrieve or transmit the data;(e)to use the data;(f)to disclose or report the data;(g)to erase or destroy the data;

  Open s 54
• property

  property

  Defined · s 21

  “property” means property of every kind, whether tangible or intangible, movable or immovable, and whether situated within or outside Singapore, and includes funds.[15A

  Open s 21