Singapore legislation

Section 98

of Financial Advisers Act 2001

Section 98

Warrant to seize books, etc.

Amended by35/201235/201235/201235/201235/201235/201235/201235/201235/2012

(1)

A Magistrate may, on the application of the Authority —

(a)

issue a warrant, if the Magistrate is satisfied that there are reasonable grounds to suspect that there is, on any particular premises, any book —

(i)

the production of which has been required by the Authority under section 96 or by an investigator or authorised person under section 97, but which has not been produced in compliance with that requirement; or

(ii)

which, if required by the Authority under section 96 to be produced, will be concealed, removed, tampered with or destroyed; and

(b)

if the Magistrate is also satisfied that there are reasonable grounds to suspect that there is, on those premises, any other book which relates to any matter relevant to the investigation concerned, direct that the powers exercisable under the warrant extend to that other book.

Amended by35/2012

(2)

A warrant issued under subsection (1) authorises the Authority or any person named in the warrant, with or without assistance —

(a)

to enter the premises specified in the warrant, using such force as is reasonably necessary for the purpose;

(b)

to search the premises and to break open and search anything, whether a fixture or not, in the premises;

(c)

to take possession of, or secure against interference, any book that appears to be a book mentioned in subsection (1)(a) or, where applicable, subsection (1)(b);

(d)

to require any person to provide an explanation of any book that appears to be a book mentioned in subsection (1)(a) or, where applicable, subsection (1)(b), or to state, to the best of that person’s knowledge and belief, where any such book may be found;

(e)

to search any person on those premises, if there are reasonable grounds to suspect that the person has in his or her possession any book mentioned in subsection (1)(a) or, where applicable, subsection (1)(b), or any equipment or article which relates to any matter relevant to the investigation concerned; and

(f)

to remove from those premises for examination any book that appears to be a book mentioned in subsection (1)(a) or, where applicable, subsection (1)(b), or any equipment or article which relates to any matter relevant to the investigation concerned.

Amended by35/2012

(3)

The Authority or any person named in the warrant to execute it may allow any equipment or article mentioned in subsection (2)(f) to be retained on the premises specified in the warrant to be searched, subject to such conditions as the Authority or that person may require.

Amended by35/2012

(4)

Any person entering any premises by virtue of a warrant issued under subsection (1) may take with him or her such equipment as appears to him or her to be necessary.

Amended by35/2012

(5)

Where a warrant is issued under subsection (1), and there is no one present at the premises specified in the warrant to be searched when the Authority or any person named in the warrant proposes to execute the warrant, the Authority or that person must, before executing the warrant —

(a)

take such steps as are reasonable in all the circumstances to inform the occupier of the premises of the intended entry into the premises; and

(b)

subject to subsection (6), give the occupier or the occupier’s legal or other representative a reasonable opportunity to be present when the warrant is executed.

Amended by35/2012

(6)

If the Authority or any person named in the warrant to execute it is unable to inform the occupier of the premises of the intended entry into the premises, the Authority or that person must, when executing the warrant, leave a copy of the warrant in a prominent place on the premises.

Amended by35/2012

(7)

On leaving any premises specified in a warrant issued under subsection (1), the Authority or any person named in the warrant to execute it must, if the premises are unoccupied or if the occupier of the premises is temporarily absent, leave the premises as effectively secured as the Authority or that person found the premises.

Amended by35/2012

(8)

The powers conferred by this section are in addition to, and not in derogation of, any other powers conferred by any other written law or rule of law.

Amended by35/2012

(9)

In this section —

Amended by35/2012

Definition

“occupier”, in relation to any premises specified in a warrant issued under subsection (1), includes any person whom the Authority or any person named in the warrant to execute it reasonably believes to be the occupier of those premises;

Definition

“premises” includes any structure, building, aircraft, vehicle or vessel.[73

Amended by35/2012
Section 98 — Financial Advisers Act 2001 | laws.sg