Singapore legislation

Section 336

of Securities and Futures Act 2001

Section 336

Proceedings with consent of Public Prosecutor and power to compound offences

Amended by15/201034/201234/201234/2012

(1)

Proceedings for an offence against any provisions of Part 12 may be taken only with the consent of the Public Prosecutor.

Amended by15/2010

(2)

The Authority may compound any offence under this Act which is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum of money not exceeding one half of the amount of the maximum fine prescribed for that offence.

Amended by34/2012

(3)

The Authority may compound any offence under this Act (including an offence under a provision that has been repealed) which —

(a)

was compoundable under this section at the time the offence was committed; but(b)has ceased to be so compoundable,by collecting from a person reasonably suspected of having committed the offence a sum of money not exceeding one half of the amount of the maximum fine prescribed for that offence at the time it was committed.

Amended by34/2012

(4)

All sums collected by the Authority under subsection (2) or (3) must be paid into the Consolidated Fund.

Amended by34/2012