Banking Act · s 123

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s 123Application of Act

(1)

Save as expressly provided this Act does not apply to licensed moneylenders, finance companies or banks licensed under the

Islamic Banking Act (Chapter 283) or the International Banking Order, 2000

(S 53/2000).

(2)

Part 10 applies to licensed moneylenders and finance companies.

(3)

The Finance Companies Act (Chapter 89) does not apply to a bank.

(4)

The Moneylenders Act (Chapter 62) does not apply to a bank.

(5)

The Islamic Banking Act (Chapter 283) does not apply to a bank.