Banking Act 1970 s 8

s 8 Licence fees

8.—(1) Every bank in Singapore must pay the annual licence fee as the Authority may, by notification in the Gazette, prescribe. (2) The Authority may prescribe different licence fees in respect of different classes or categories of banks and the fees apply uniformly to those classes or categories. (3) The manner of payment of the licence fee is to be as specified by the Authority.

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