Singapore legislation
Section 12
Section 12
Issue of bearer certificates and coupons
(1)
Except with the permission of the Authority, no person shall in Singapore, issue any bearer certificate or coupon or so alter any document that it becomes a bearer certificate or coupon.
(2)
No person resident in the scheduled territories shall in Singapore do any act which involves, is in association with or is preparatory to, such issue or alteration outside Singapore.