Singapore legislation
Section 2
Section 2
Power to make regulations to enable effect to be given to Article 41 of Charter of United Nations
(1)
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 apprehension, trial and punishment of persons offending against the regulations; and
empowering any person or class of persons to exercise, when investigating any offence under this Act or any regulations made under this Act, all or any of the powers of a police officer under the Criminal Procedure Code 2010 in relation to arrestable offences.
(2)
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.
(3)
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.
(4)
In subsection (3), “VCC” has the meaning given by section 2(1) of the Variable Capital Companies Act 2018.
(5)
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.
(6)
All regulations made under this Act must be presented to Parliament as soon as possible after publication in the Gazette.
(7)
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.