Regulation 1
Citation
These Regulations are the Chit Funds (Limits on Chit Fund Business) Regulations 1972.
/akn/sg/act/sub_leg/1971/CFA-RG2
Chit Funds (Limits on Chit Fund Business) Regulations 1972
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1971
- Sections
- 2
Quick answer
About this subsidiary legislation
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.
Regulation 2
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.
Common questions
- What is Chit Funds (Limits on Chit Fund Business) Regulations 1972?
- 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.
- Is Chit Funds (Limits on Chit Fund Business) Regulations 1972 still in force?
- Yes — Chit Funds (Limits on Chit Fund Business) Regulations 1972 is currently in force.
- When did Chit Funds (Limits on Chit Fund Business) Regulations 1972 take effect?
- Chit Funds (Limits on Chit Fund Business) Regulations 1972 was first recorded in 1971.
- How many regulations does Chit Funds (Limits on Chit Fund Business) Regulations 1972 have?
- Chit Funds (Limits on Chit Fund Business) Regulations 1972 contains 2 regulations.
- Where can I read the official version of Chit Funds (Limits on Chit Fund Business) Regulations 1972?
- The official text of Chit Funds (Limits on Chit Fund Business) Regulations 1972 is published at sso.agc.gov.sg.