Singapore legislation

Regulation 2

of Deposit Insurance and Policy Owners’ Protection Schemes (Withdrawal from DI Fund in Support of Resolution Measures) Regulations 2022

Regulation 2

Determination of amounts for purposes of section 29A(2) of Act

For the purposes of section 29A(2) of the Act, the Authority may appoint an independent valuer to conduct a valuation, in accordance with regulation 3, to determine the amounts that the Agency would have been repaid from or out of the assets of the DI Scheme member under section 27 of the Act.

Read in full context — Deposit Insurance and Policy Owners’ Protection Schemes (Withdrawal from DI Fund in Support of Resolution Measures) Regulations 2022 →