2022-07-20

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MAS Notice 606 (Cancellation Notice) 2022

MAS Notice 606 on Provision for and Writing Off of Bad Debts dated 11 November 2002 is cancelled with effect from 21 July 2022. This cancellation is issued pursuant to section 55(1) of the Banking Act 1970.

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MAS NOTICE 606 (Cancellation Notice) 2022 20 July 2022 PROVISION FOR AND WRITING OFF OF BAD DEBTS

  1. This Notice is issued pursuant to section 55(1) of the Banking Act 1970.
  2. MAS Notice 606 on “Provision for and Writing Off of Bad Debts” dated 11 November 2002 (last revised on 30 December 2004) is cancelled with effect from 21 July 2022.