Singapore legislation
Schedule 3
Schedule 3
Specified persons
THIRD SCHEDULESections 82(2) and 340(1)Specified persons
1. Any company licensed under the Trust Companies Act 2005 whose carrying on of the business in that regulated activity is solely incidental to its carrying on of the business for which it is registered under that Act.
2. Any public statutory corporation established under any Act in Singapore. 3. Any —
advocate and solicitor;
(aa)Singapore law practice, Joint Law Venture, Formal Law Alliance or Qualifying Foreign Law Practice, as defined in section 2(1) of the Legal Profession Act 1966; or
public accountant who is registered under the Accountants Act 2004 or accounting corporation which is approved under that Act,whose carrying on of the business in that regulated activity is solely incidental to the practice of law or accounting, as the case may be.
4. The Official Assignee in exercising his or her powers under the Insolvency, Restructuring and Dissolution Act 2018.
5. The Public Trustee in exercising his or her powers under the Public Trustee Act 1915.
6. A person acting in relation to a company as its liquidator, provisional liquidator, receiver, receiver and manager or judicial manager.
7. Any approved trustee for a collective investment scheme as defined in section 289 whose carrying on of business in a regulated activity is solely incidental to its carrying on of activities as such approved trustee.
8. An approved trustee (as defined in section 289) who is a custodian of a VCC or a sub‑fund and whose carrying on of business in a regulated activity is solely incidental to its carrying on of activities as such custodian.
9. A foreign company which —
carries on all its regulated activities under one or more arrangements that are —
between the foreign company (on the one hand) and its related corporation which is licensed under this Act or exempted under section 99(1)(a), (b), (c) or (d) (on the other hand); and
approved by the Authority; and
is not exempt under regulation 5(1) of the Securities and Futures (Exemption for Cross‑Border Arrangements) (Foreign Related Corporations) Regulations 2021 (G.N. No. S 760/2021) in respect of the carrying on of any of those regulated activities.[40/2018; S 446/2016; S 53/2020; S 761/2021]