Finance Companies Act 1967 s 9

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.

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