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Governance of
consumer interests In
May 2005, following discussions in Parliament, a working group was formed to
consider legislation to protect buyers of timeshares and club memberships
and alternative investments. The members of the working group are
- Seah Choon Seng, Executive
Director, CASE
- Sin Boon Ann, MP
- Hans Tjio, Associate
Professor, NUS Faculty of Law
- Yeo Guat Kwang, MP, and
- Ivan Png, NMP and
Professor, NUS Business School and School of Computing.
The working group has held
meetings with MAS and MTI, based on which it has proposed to amend the CPFTA
to protect buyers of timeshares and club memberships and alternative
investments. The working group has prepared a draft amendment to the CPFTA
and seeks public comment. Kindly send your comments to rachel@case.org.sg by
28 February 2006.
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