Singapore legislation

Section 72

of Financial Advisers Act 2001

Section 72

Records to be kept by Authority

Amended by1/20091/20091/20091/2009

(1)

The Authority must keep in such form as it thinks fit records of licensed financial advisers setting out the following information of each of them:

(a)

its name;

(b)

the address of the principal place of business at which it carries on the business in respect of which the licence is held;

(c)

the type or types of financial advisory service and investment product to which its licence relates;

(d)

where the business is carried on under a name or style other than the name of the holder of the licence, the name or style under which the business is carried on;

(e)

officers removed by it from office or employment on the direction of the Authority under section 64; and

(f)

such other information as may be prescribed.

Amended by1/2009

(2)

The Authority must also keep in such form as it thinks fit records on persons against whom prohibition orders are made under section 68.

Amended by1/2009

(3)

The Authority may publish the records mentioned in subsections (1) and (2), or any part of them in such manner as it considers appropriate.

Amended by1/2009

(4)

Any person may, upon payment of such fee as may be prescribed, inspect and take an extract from the records established under subsection (1) or (2), and any such extract, certified by the Authority to be a true copy, is admissible as prima facie evidence of the matter stated therein in any legal proceedings.[63

Amended by1/2009
Section 72 — Financial Advisers Act 2001 | laws.sg