Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 |
Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 (Amendment of First Schedule) Order 2023 |
|
Citation and commencement |
1. This Order is the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 (Amendment of First Schedule) Order 2023 and comes into operation on 1 April 2024. |
Amendment of First Schedule |
2. In the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011, in the First Schedule, in the definition of “Maximum DI Coverage”, replace “$75,000” with “$100,000”. |
Permanent Secretary, Prime Minister’s Office, Singapore. |
[PPD 06/2005/PAD-16/20230803; AG/LEGIS/SL/77B/2020/5 Vol. 1] |
(To be presented to Parliament under section 90(3) of the Deposit Insurance and Policy Owners’ Protection Schemes Act 2011). |