Singapore legislation

Section 4

of Treasury Deposit Receipts Act 1960

Section 4

Term of Treasury Deposits

Any person making a deposit under section 3 shall thereupon declare the period in respect of which the deposit is made, and the period shall be either 2, 3, 4 or 5 years from the date of making the deposit; and at the end of that period the money so deposited shall be repaid in the manner set out in section 8.

Section 4 — Treasury Deposit Receipts Act 1960 | laws.sg