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← Monetary Authority of Singapore Act 1970

Monetary Authority of Singapore Act 1970 s 14

s 14 Interpretation of sections 14A, 14B and 14C

14. In sections 14A, 14B and 14C —“gain” means —(a) a gain in property or a supply of services, whether temporary or permanent; or (b) an opportunity to earn remuneration or greater remuneration or to gain a financial advantage otherwise than by way of remuneration; “generally available information” means information that consists of readily observable matter, including information that consists of deductions, conclusions or inferences made or drawn from readily observable matter; “harm”, in relation to an individual, means —(a) any physical harm; or (b) harassment, alarm or distress caused to the individual; “loss” means —(a) a loss in property or a supply of services, whether temporary or permanent; or (b) a loss of an opportunity to earn remuneration or greater remuneration or to gain a financial advantage otherwise than by way of remuneration, but excludes, in relation to an individual, the loss of personal data about the individual; “personal data” has the meaning given by section 2(1) of the Personal Data Protection Act 2012; “prescribed circumstances” or “prescribed purpose” means any circumstances or purpose prescribed in regulations made under section 14D.[40/2020]

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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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