PART 1
PRELIMINARY
Short title
1.  This Act is the Monetary Authority of Singapore Act 1970.
General interpretation
2.  In this Act, unless the context otherwise requires —
“Authority” means the Monetary Authority of Singapore established under section 3;
“bank” means a bank licensed under the Banking Act 1970;
“board” means the board of directors of the Authority;
“corporation” has the meaning given by section 4(1) of the Companies Act 1967;
“director” means a director appointed under section 8(1) and the chairperson and the deputy chairperson of the board;
“managing director” means a director appointed under section 9(1);
“money market operations” means any transaction undertaken by the Authority as the central bank to manage liquidity in the banking system;
“officer”, in relation to the Authority, includes any person employed by the Authority in an executive capacity;
“primary dealer” means a person appointed under section 145 as a primary dealer for securities issued by the Authority.
[24/2003; 13/2007; 9/2013; 4/2017; 31/2017]