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← Payment Services Act 2019

Payment Services Act 2019 s 121

s 121 Interpretation of this Part

121. In this Part, unless the context otherwise requires —“approved bank” and “approved holder” have the meanings given by section 2(1) of the PSOA; “MCRBA” means the Money‑changing and Remittance Businesses Act (Cap. 187, 2008 Revised Edition) as in force immediately before 28 January 2020; “money‑changer’s licence” has the meaning given by section 2(1) of the MCRBA; “PSOA” means the Payment Systems (Oversight) Act (Cap. 222A, 2007 Revised Edition) as in force immediately before 28 January 2020; “remittance licence” has the meaning given by section 2(1) of the MCRBA; “stored value facility” has the meaning given by section 2(1) of the PSOA.

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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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