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In force2023 Revised Edition
Contents

Part · Indemnity and Guarantee

100D. Validity of scholarship agreement

Notwithstanding anything to the contrary contained in the Act, no scholarship agreement shall be invalidated on the ground that —

(a)

the scholar entering into the agreement is not of the age of majority;

(b)

the agreement is contrary to any provision of any written law in force relating to moneylenders; or

(c)

the agreement lacks consideration.