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← Monetary Authority of Singapore Act 1970

Monetary Authority of Singapore Act 1970 s 2

s 2 General interpretation

2. In this Act, unless the context otherwise requires —“Authority” means the Monetary Authority of Singapore established under section 3; “bank” means a bank licensed under the Banking Act 1970; “board” means the board of directors of the Authority; “corporation” has the meaning given by section 4(1) of the Companies Act 1967; “director” means a director appointed under section 8(1) and the chairperson and the deputy chairperson of the board; “managing director” means a director appointed under section 9(1); “money market operations” means any transaction undertaken by the Authority as the central bank to manage liquidity in the banking system; “officer”, in relation to the Authority, includes any person employed by the Authority in an executive capacity; “primary dealer” means a person appointed under section 145 as a primary dealer for securities issued by the Authority.[24/2003; 13/2007; 9/2013; 4/2017; 31/2017]

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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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