My bookmarksSign up free
← Financial Holding Companies Act 2013

Financial Holding Companies Act 2013 s 74

s 74 General powers of exemption

74.—(1) The Authority may, by regulations, exempt any person or class of persons from all or any of the provisions of this Act, other than sections 13 and 14, subject to such conditions as may be prescribed. (2) The Authority may, on the application of any person, by notice in writing, exempt the person from all or any of the provisions of this Act, other than sections 13 and 14, or any direction issued or requirement imposed by the Authority under this Act if the Authority considers it appropriate to do so in the circumstances of the case. (3) An exemption under subsection (2) —(a) may be granted subject to such conditions as the Authority may specify by notice in writing; and (b) need not be published in the Gazette. (4) The Authority may at any time —(a) revoke any exemption granted; or (b) add to, vary or revoke any condition imposed, under this section.

Read this section in the full act → · Open PART X →

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.

What to look at next