Status:
Revised Edition published on 17 Dec 2024
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| Chit Funds Act 1971 |
(Sections 42(1) and 61)
| Chit Funds (Limits on Chit Fund Business) Regulations 1972 |
| 2024 REVISED EDITION |
| (18 December 2024) |
| [14 January 1972] |
| Citation |
| 1. These Regulations are the Chit Funds (Limits on Chit Fund Business) Regulations 1972. |
| Total value of chit funds at any one time |
| 2. The total value of the chit funds to be conducted at any one time by a chit fund company must not exceed 20 times the value of the paid‑up capital of that company. |
Singapore Statutes Online
© 2024 Attorney-General's Chambers of Singapore,
Last updated 17 Dec 2024
Singapore Statutes Online is provided by the Legislation Division of the Attorney-General's Chambers of Singapore.
Last updated 17 Dec 2024
Singapore Statutes Online is provided by the Legislation Division of the Attorney-General's Chambers of Singapore.