s 23 Formation of chit funds
23. Every chit fund must be formed by the execution of a written agreement between the chit fund company on the one part and the intending subscribers severally on the other part.
23. Every chit fund must be formed by the execution of a written agreement between the chit fund company on the one part and the intending subscribers severally on the other part.
Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.
The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.