No. S 135
(Exemption from Section 29(4) and (5)) Regulations 2009
|Citation and commencement|
|1. These Regulations may be cited as the Banking (Exemption from section 29(4) and (5)) Regulations 2009 and shall come into operation on 31st March 2009.|
|2. Section 29(4) and (5) of the Act shall not apply to the directors of a bank in Singapore in respect of a loss suffered by the bank on or after 31st March 2007 arising from —|
Monetary Authority of Singapore.
|[SPD028/99; AG/LEG/SL/19/2003/1 Vol. 7]|