Singapore legislation
Section 55N
Section 55N
Power to obtain information under this Part
(1)
The Minister or the Authority may require a person to provide, within the period and in the manner specified by the Minister or the Authority, any information that the Minister or the Authority may reasonably require for the discharge of the Minister’s or the Authority’s duties or functions, or the exercise of the Minister’s or the Authority’s powers, under this Part.
(2)
Any person who —
without reasonable excuse, fails to comply with any requirement under subsection (1); or
in purported compliance with any requirement under subsection (1), provides any information knowing or reckless that the information is false or misleading in a material particular,shall be guilty of an offence and shall be liable on conviction —
in the case of an individual, to a fine not exceeding $125,000 or to imprisonment for a term not exceeding 3 years or to both and, in the case of a continuing offence, to a further fine not exceeding $12,500 for every day or part of a day during which the offence continues after conviction; or
in any other case, to a fine not exceeding $250,000 and, in the case of a continuing offence, to a further fine not exceeding $25,000 for every day or part of a day during which the offence continues after conviction.
(3)
Where a person claims, before providing the Authority with any information that the person is required to provide under subsection (1), that the information might tend to incriminate the person, the information is not admissible in evidence against the person in criminal proceedings other than proceedings under this section.