Trustees (Amendment) Bill

Bill No. 40/1989

Read the first time on 6th October 1989.
An Act to amend the Trustees Act (Chapter 337 of the 1985 Revised Edition).
Be it enacted by the President with the advice and consent of the Parliament of Singapore, as follows:
Short title
1.  This Act may be cited as the Trustees (Amendment) Act 1989.
Amendment of section 4
2.  Section 4(1) of the Trustees Act is amended by deleting the comma at the end of paragraph (e) and substituting a semi-colon, and by inserting immediately thereafter the following paragraph:
(f)in negotiable certificates of deposits denominated in Singapore currency and issued by any bank in Singapore,”.