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← Moneylenders Act 2008

Moneylenders Act 2008 s 26

s 26 Exception

26.—(1) A person is not guilty of an offence under section 25 if the person credits a specified account with interest or other earnings due on the account. (2) To avoid doubt, section 25 applies to any funds credited to the specified account in accordance with subsection (1).[15F

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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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