s 9 Mergers, etc., of finance company
9.—(1) A finance company carrying on business in Singapore must not be merged or consolidated with or acquire a majority interest in any other finance company without the prior approval of the Authority.
(2) In considering such an application, the Authority has power to call for any information that it may require.
(3) The Authority may approve or refuse the application.
Read this section in the full act → · Open PART 2 →
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.
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.
