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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 21 December 2009 - onwards

17. Information to be furnished by financial institutions.

The Principal Act is amended by inserting the following sections after section 250:

"Information to be furnished by financial institutions.

250A.- (1) In this section-

' authorised officer ' means an officer appointed by the Minister under section 250B to exercise the powers conferred on him or her by and under this section;

' books, records or other documents ' includes-

(a) any records used in the business of a financial institution, or used in the transfer department of a financial institution acting as registrar of securities, whether-

(i) comprised in bound volume, loose-leaf binders or other loose-leaf filing system, loose-leaf ledger sheets, pages, folios or cards, or

(ii) kept on microfilm, magnetic tape or in any non-legible form (by the use of electronics or otherwise) which is capable of being reproduced in a legible form,