Regulation 1
Citation
These Regulations are the Chit Funds (Payment to Successful Subscriber) Regulations 1972.
/akn/sg/act/sub_leg/1971/CFA-RG4
Chit Funds (Payment to Successful Subscriber) Regulations 1972
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 1971
- Sections
- 3
Quick answer
About this subsidiary legislation
Chit Funds (Payment to Successful Subscriber) Regulations 1972 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CFA-RG4 1971, currently marked in force and first recorded in 1971.
Regulation 2
Definition
In these Regulations, “successful subscriber” means a subscriber who has been declared the purchaser of a chit fund amount and who has furnished at least 2 guarantors acceptable to the chit fund company.
Regulation 3
Chit fund amount to be paid within 7 days
A successful subscriber is entitled to receive the chit fund amount within 7 days from the date of being declared the purchaser of the chit fund amount.
Common questions
- What is Chit Funds (Payment to Successful Subscriber) Regulations 1972?
- Chit Funds (Payment to Successful Subscriber) Regulations 1972 is Singapore Subsidiary Legislation, cited as Subsidiary Legislation CFA-RG4 1971, currently marked in force and first recorded in 1971.
- Is Chit Funds (Payment to Successful Subscriber) Regulations 1972 still in force?
- Yes — Chit Funds (Payment to Successful Subscriber) Regulations 1972 is currently in force.
- When did Chit Funds (Payment to Successful Subscriber) Regulations 1972 take effect?
- Chit Funds (Payment to Successful Subscriber) Regulations 1972 was first recorded in 1971.
- How many regulations does Chit Funds (Payment to Successful Subscriber) Regulations 1972 have?
- Chit Funds (Payment to Successful Subscriber) Regulations 1972 contains 3 regulations.
- Where can I read the official version of Chit Funds (Payment to Successful Subscriber) Regulations 1972?
- The official text of Chit Funds (Payment to Successful Subscriber) Regulations 1972 is published at sso.agc.gov.sg.