Significant Infrastructure Government Loan Act 2021 - Singapore Statutes Online

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Significant Infrastructure Government Loan Act 2021

Table of Contents

Long Title

Part 1 PRELIMINARY

1 Short title

2 Interpretation

3 Purpose of Act

Part 2 AUTHORISATION AND APPLICATION OF LOAN

4 Power to raise loan

5 Borrowing limit

6 Issuing securities for borrowing

7 Principal and interest charged on Consolidated Fund

8 Borrowing expenses

9 Power to raise loan non‑delegable

10 Borrowing only for nationally significant infrastructure expenditure

11 Meaning of "nationally significant infrastructure expenditure"

Part 3 TERMS OF SECURITIES

12 Redemption

13 Early redemption

14 Payment of interest

15 Interest stops on redemption

16 Transferability, etc., of securities

Part 4 ADMINISTRATION

17 MAS is agent

18 Securities lending arrangements

19 Issue of book‑entry securities

20 Transfers and pledges of book‑entry securities

21 Transfers and pledges effected by other means

22 MAS to be discharged by action on instructions

23 Confirmation of transactions

Part 5 REGULATIONS

24 Regulations

25 Presentation to Parliament

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