United Nations Act 2001

Subject to subsection (2), if, under Article 41 of the Charter of the United Nations signed at San Francisco on 26 June 1945 (being the Article which relates to measures not involving the use of armed force), the Security Council of the United Nations calls upon the Government to apply any measures to give effect to any decision of that Council, the Minister may, from time to time, make regulations that appear to the Minister to be necessary or expedient for enabling those measures to be effectively applied, including (without limiting the preceding words) provisions for —

The measures to be applied under subsection (1) do not apply to any financial institution or class of financial institutions to the extent that the financial institution or class of financial institutions is or may be subject to the directions issued or regulations made by the Monetary Authority of Singapore under section 27A of the Monetary Authority of Singapore Act 1970.

The measures to be applied under subsection (1) do not apply to any VCC or class of VCCs to the extent that the VCC or class of VCCs is or may be subject to the directions or regulations made by the Monetary Authority of Singapore under section 83 of the Variable Capital Companies Act 2018.

In subsection (3), “VCC” has the meaning given by section 2(1) of the Variable Capital Companies Act 2018.

No regulation made under this Act is deemed to be invalid because it deals with any matter provided for by any written law, or because of repugnancy to or inconsistency with any written law other than the Constitution.

All regulations made under this Act must be presented to Parliament as soon as possible after publication in the Gazette.

All expenses incurred by the Government in applying any measures that are mentioned in this section must be defrayed out of moneys provided by Parliament.

No action, suit or other legal proceedings shall lie against —

This section does not affect the operation of the Frustrated Contracts Act 1959.

Every person who commits, or attempts to commit, or does any act with intent to commit, or counsels, procures, aids, abets, or incites any other person to commit, or conspires with any other person (whether in Singapore or elsewhere) to commit any offence against any regulations made under this Act shall be liable on conviction —

Nothing in this Act or any regulations made under this Act prevents any person from being prosecuted under any other written law for any act or omission which constitutes an offence under this Act or any regulations made under this Act, or from being liable under that other written law to any punishment or penalty higher or other than that provided by this Act or the regulations, but no person shall be punished twice for the same offence.

The provisions of this Act have effect, in relation to citizens of Singapore, outside as well as within Singapore, and where an offence under this Act or any regulations made under this Act is committed by a citizen of Singapore in any place outside Singapore, he or she may be dealt with in respect of that offence as if it had been committed within Singapore.

Any proceedings against any person under this section which would be a bar to subsequent proceedings against that person for the same offence, if the offence had been committed in Singapore, is a bar to further proceedings against the person, under any written law for the time being in force relating to the extradition of persons, in respect of the same offence outside Singapore.