Singapore legislation

Section 16

of Commodity Trading Act 1992

Section 16

Regulations relating to licences

The Board may, with the approval of the Minister, make regulations —

(a)

for the form and manner in which an application for a licence or for the renewal of a licence under this Part is to be made;

(b)

prescribing fees payable to the Board in respect of the licences;

(c)

requiring such information as it considers necessary in relation to the application;

(d)

for the imposition of any conditions or restrictions as it thinks fit;

(e)

prescribing the appropriate standards with respect to the qualifications, experience and training of applicants for licences under this Part;

(f)

for establishing and maintaining a register of licensed persons; and

(g)

for requiring the holder of a licence under this Part to notify the Board of such change of particulars and information as may be prescribed.