Regulation 1
Citation
These Regulations are the Chit Funds (Limits on Chit Fund Business) Regulations 1972.
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Chit Funds (Limits on Chit Fund Business) Regulations 1972 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CFA-RG2 1971, currently marked in force and first recorded in 1971.
Citation
These Regulations are the Chit Funds (Limits on Chit Fund Business) Regulations 1972.
Total value of chit funds at any one time
The total value of the chit funds to be conducted at any one time by a chit fund company must not exceed 20 times the value of the paid‑up capital of that company.
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