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← Finance Companies Act 1967

Finance Companies Act 1967 s 25

s 25 Restrictions on trade by finance companies

25.—(1) A finance company must not engage, whether on its own account or on a commission basis, and whether alone or with others, in the wholesale or retail trade, including the import or export trade, except for the purpose of carrying on its financing business. (2) Except as is otherwise provided in this Act, a finance company must not carry on any kind of business other than financing business.

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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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