Singapore legislation

Section 92

of Securities and Futures Act 2001

Section 92

False statements in relation to application for grant or variation of capital markets services licence

Amended by2/2009

Any person who, in connection with an application for the grant or variation of a capital markets services licence —

(a)

without reasonable excuse, makes a statement which is false or misleading in a material particular; or

(b)

without reasonable excuse, omits to state any matter or thing without which the application is misleading in a material respect,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000.

Read in full context — Securities and Futures Act 2001 →