Regulation 1
Citation
This Order is the Finance Companies (Maintenance of Reserves) Order 1999.
/akn/sg/act/sub_leg/1967/FCA-OR1
Finance Companies (Maintenance of Reserves) Order 1999
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1967
- Sections
- 2
Quick answer
About this subsidiary legislation
Finance Companies (Maintenance of Reserves) Order 1999 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FCA-OR1 1967, currently marked in force and first recorded in 1967.
Regulation 2
Reserves
The reserves to be maintained by a finance company with the Monetary Authority of Singapore are to be 3% of the liabilities base of the finance company.
Common questions
- What is Finance Companies (Maintenance of Reserves) Order 1999?
- Finance Companies (Maintenance of Reserves) Order 1999 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FCA-OR1 1967, currently marked in force and first recorded in 1967.
- Is Finance Companies (Maintenance of Reserves) Order 1999 still in force?
- Yes — Finance Companies (Maintenance of Reserves) Order 1999 is currently in force.
- When did Finance Companies (Maintenance of Reserves) Order 1999 take effect?
- Finance Companies (Maintenance of Reserves) Order 1999 was first recorded in 1967.
- How many regulations does Finance Companies (Maintenance of Reserves) Order 1999 have?
- Finance Companies (Maintenance of Reserves) Order 1999 contains 2 regulations.
- Where can I read the official version of Finance Companies (Maintenance of Reserves) Order 1999?
- The official text of Finance Companies (Maintenance of Reserves) Order 1999 is published at sso.agc.gov.sg.