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Section 45 — Remuneration and expenses of Authority and others in certain cases

The Authority may at any time fix the remuneration and expenses to be paid by a relevant financial institution —

(a)to a statutory manager or statutory adviser appointed in relation to the relevant financial institution, whether or not the appointment has been revoked; and

(b)where the Authority has assumed control of the relevant business of the relevant financial institution, to the Authority and any person appointed by the Authority under section 179 in relation to the Authority’s assumption of control of the relevant business, whether or not the Authority has ceased to be in control of the relevant business.

Cite this section

FSMA2022, s 45 (Singapore Statutes Online). Retrieved via LawPlayer, https://lawplayer.com/sg/act/FSMA2022/45

Source: Singapore Statutes Online (sso.agc.gov.sg), © Singapore Government

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本頁資料來源:Singapore Statutes Online (AGC)·整理提供:法律人 LawPlayer· lawplayer.com