Singapore legislation
Section 105PA
Section 105PA
Duty to provide information under regulations prevails over duty of secrecy, etc.
(1)
This section applies where a regulation made under section 105P imposes a duty on a person (A) to —
provide any information to another person;
require A’s internal auditor or appoint another person to carry out an audit for the purpose of determining the extent of compliance by A with the regulation;
carry out any due diligence requirements; or
provide any information to —
A’s internal auditor or the appointed person mentioned in paragraph (b); or
a person appointed by the Comptroller to carry out an audit.
(2)
A is not excused from complying with a duty mentioned in subsection (1) by reason only that A is under a duty not to collect, use or disclose any information, whether imposed by written law, rule of law, any contract or any rule of professional conduct.
(3)
A who in good faith and with reasonable care does any act for the purpose of complying with the regulation mentioned in subsection (1) is not to be treated as being in breach of any duty mentioned in subsection (2).
(4)
No civil or criminal action for a breach of any such duty, other than criminal action for an offence under section 105M (if applicable), lies against A —
for producing any document or providing any information if A does so in good faith and with reasonable care in compliance with the regulation mentioned in subsection (1); or
for doing or omitting to do any act if A does or omits to do the act in good faith and with reasonable care and for the purpose of or as a result of complying with the regulation mentioned in subsection (1).
(5)
Despite subsection (2), subsection (1) does not apply to any information subject to legal privilege.