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← Deposit Insurance and Policy Owners’ Protection Schemes Act 2011

Deposit Insurance and Policy Owners’ Protection Schemes Act 2011 s 24

s 24 Restrictions on entitlement to compensation under DI Scheme

24. Where the Agency has paid an insured depositor the full amount of compensation payable to the insured depositor or any person referred to in section 22(7) or both (as the case may be) in respect of the insured depositor’s insured deposits, in accordance with this Act, no other person is entitled, in respect of those same insured deposits, to compensation under this Part.

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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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