Banking (Amendment) Act 2020(No. 1 of 2020)
Table of Contents
Long Title
Enacting Formula
1 Short title and commencement
2 Amendment of section 2
3 Amendment of section 4
4 Amendment of section 4B
5 Amendment of section 7
6 Amendment of section 9
7 Amendment of section 9A
8 Amendment of section 10A
9 Amendment of section 10B
10 New section 10C
11 Amendment of section 20
12 Amendment of section 25
13 Repeal and re-enactment of section 27
14 Amendment of section 29
15 New section 29A
16 Amendment of section 31
17 Amendment of section 33
18 Amendment of section 40A
19 Repeal of section 46A
20 Amendment of section 47
21 New section 47A
22 Amendment of section 48AA
23 Amendment of section 55
24 New Part VIIB
25 New sections 57FA to 57FE
26 Amendment of section 58
27 Amendment of section 59
28 Amendment of section 60
29 Amendment of section 62
30 Repeal and re-enactment of section 62A and new section 62B
31 Amendment of section 63
32 Amendment of section 64
33 Amendment of section 65
34 New section 65A
35 Amendment of section 66
36 Amendment of section 67
37 Amendment of section 70
38 Amendment of section 71
39 Amendment of section 74
40 Amendment of section 74A
41 Amendment of section 75
42 Repeal of section 77
43 Amendment of section 78
44 Amendment of Third Schedule
45 Amendment of Fifth Schedule
46 Miscellaneous amendments
47 Consequential amendments to Commodity Trading Act
48 Consequential amendments to Companies Act
49 Consequential amendment to Deposit Insurance and Policy Owners’ Protection Schemes Act
50 Consequential amendment to Finance Companies Act
51 Consequential amendment to Financial Advisers Act
52 Consequential amendment to Hostage‑Taking Act
53 Consequential amendment to Housing and Development Act
54 Consequential amendments to Income Tax Act
55 Consequential amendment to Insolvency, Restructuring and Dissolution Act 2018
56 Consequential amendment to Insurance Act
57 Consequential amendments to Monetary Authority of Singapore Act
58 Consequential amendment to Moneylenders Act
59 Consequential amendment to Ngee Ann Kongsi (Incorporation) Ordinance
60 Consequential amendment to Payment Services Act 2019
61 Consequential amendment to Remote Gambling Act 2014
62 Consequential amendments to Securities and Futures Act
63 Consequential amendment to Trust Companies Act
64 Saving and transitional provisions for merchant banks that were approved financial institutions
65 Saving and transitional provisions for new section 55T of Banking Act
66 Saving and transitional provisions for new section 55V of Banking Act
67 Saving and transitional provisions for section 32 of Banking Act as applied by new section 55ZF(2) of that Act
68 Saving and transitional provisions for section 53A of Banking Act as applied by new section 55ZJ of that Act
69 Saving and transitional provision