s 17 MAS is agent
17.—(1) The MAS is by this Act appointed to act on the Government’s behalf as an agent —(a)
for issuing of securities for moneys borrowed under this Act; and
(b)
for any other purpose that is connected with paragraph (a).
(2) Without limiting subsection (1), the MAS may —(a)
by public notice invite the public to apply to take up securities issued under this Act; and
(b)
refuse any application to take up securities issued under this Act without assigning any reason.
(3) Subsection (1) does not prevent the exercise by the Minister of any power under this Act.
Read this section in the full act → · Open PART 4 →
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.
The Singapore legislation on this platform is subject to copyright of the Singapore Government and is used/reproduced for the purposes of this platform with the permission of the Attorney-General's Chambers. Users of this platform may check Singapore Statutes Online for the latest version of the Singapore legislation.
