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← Banking Act 1970

Banking Act 1970 s 56

s 56 Interpretation of this Part

56. In this Part, unless the context otherwise requires —“advertisement” means the dissemination or conveyance of information, or an invitation or solicitation by any means or in any form, including by means of —(a) publication in a newspaper, magazine, journal or other periodical; (b) display of posters or notices; (c) circulars, handbills, brochures, pamphlets, books or other documents; (d) letters addressed to individuals or bodies; (e) photographs or cinematograph films; or (f) sound broadcasting, television, the Internet or other media; “credit card” or “charge card” means any article, whether in physical or electronic form, of a kind commonly known as a credit card or charge card or any similar article intended for use in purchasing goods or services on credit, whether or not the card is valid for immediate use; “licence” means a licence to carry on the business of issuing credit cards or charge cards in Singapore; “licensee” means a person who is granted a licence under section 57B; “place of business”, in relation to a licensee, includes a head or main office, a branch, an agency, a mobile branch of the licensee, any office established and maintained for a limited period only, and any other place used by the licensee for the conduct of any business of the licensee.[5/2016]

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Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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