In force1985 Revised EditionCurrent version · 1985 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
27. Security of Government
Feedback & supportThe repayment of all moneys deposited in the Bank together with interest thereon is guaranteed by the Government and accordingly, if at any time the assets of the Bank shall be insufficient to pay the lawful claims of every depositor, the deficiency shall be charged and paid out of the Consolidated Fund and the Minister for Finance shall certify that deficiency to Parliament without delay. [26
Bank
Defined · s 2
“Bank” means the Post Office Savings Bank of Singapore established under section 3;