Development Loan Act
(Original Enactment: Act 1 of 1983)
REVISED EDITION 1985
(30th March 1987)
An Act to authorise a sum of $15,000 million to be raised by way of loan for the purposes of the Development Fund.
[25th March 1983]
2. In this Act, unless the context otherwise requires —
“advance deposits” means such deposits as are received under section 16(1);
“Authority” means the Monetary Authority of Singapore established under section 3 of the Monetary Authority of Singapore Act (Cap. 186);
“bearer bond” means a bearer bond issued under the provisions of this Act;
“local stock” means any stock issued in Singapore under this Act or under any of the written laws set out in the Schedule;
“trustee stock” means any of the securities mentioned in any written law for the time being in force relating to trustees.