Singapore legislation
Section 57A
Section 57A
Application to be licensed credit card or charge card issuer
(1)
An application for a licence to carry on the business of issuing credit cards or charge cards in Singapore must be made in such manner as may be required by the Authority.
(2)
An application under subsection (1) must be accompanied by a non‑refundable application fee of a prescribed amount, which must be paid in the manner specified by the Authority.
(3)
The Authority may require an applicant to provide it with such information as it considers necessary in relation to the application.