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← Financial Services and Markets Act 2022

Financial Services and Markets Act 2022 s 45

s 45 Remuneration and expenses of Authority and others in certain cases

45. The Authority may at any time fix the remuneration and expenses to be paid by a relevant financial institution —(a) to a statutory manager or statutory adviser appointed in relation to the relevant financial institution, whether or not the appointment has been revoked; and (b) where the Authority has assumed control of the relevant business of the relevant financial institution, to the Authority and any person appointed by the Authority under section 179 in relation to the Authority’s assumption of control of the relevant business, whether or not the Authority has ceased to be in control of the relevant business.

Read this section in the full act → · Open Division 1 →

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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