In force1985 Revised EditionCurrent version · 1985 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
19. Loans to company’s officers prohibited
Feedback & supportNo loan shall be made by any trust company to any director or other officer or employee thereof, or to any company or firm in the management of which any such director or other officer or employee is actively engaged.
trust company
Defined · s 2
“trust company” means a company registered as a trust company under this Act.