Singapore legislation
Section 110C
Section 110C
Authority may suspend or cancel international market agent licence or international market agent representative licence in public interest
(1)
Despite any provision of this Act or the regulations made under section 110B, in any case where it appears to be necessary to the Authority to prevent any threat to the security of the public or of casino operations, the Authority may —
suspend the licensed international market agent or licensed international market agent representative concerned, pending the conclusion of any investigation or disciplinary proceedings against that licensed international market agent or licensed international market agent representative; or
if the Authority thinks it necessary in the public interest that the licensed international market agent or licensed international market agent representative concerned should immediately cease to perform any function in relation to any casino marketing arrangement, cancel the licence of that international market agent or international market agent representative.
(2)
Any —
international market agent who is aggrieved by any suspension or cancellation of his, her or its international market agent licence under subsection (1); or
international market agent representative who is aggrieved by any suspension or cancellation of his or her international market agent representative licence under subsection (1) or by virtue of subsection (4),may, within 10 days after the licence is suspended or cancelled, make representations in writing to the Authority and the Authority, after considering such representations, may confirm, vary or reverse its decision.
(3)
The suspension or cancellation under subsection (1) and, where applicable, subsection (4) takes effect even though a representation under subsection (2) is pending, until the expiry of the period of suspension or the reversal of the decision of the Authority, if any.
(4)
If the licence of any international market agent is suspended or cancelled under this section, the licence of every international market agent representative employed by that international market agent is also suspended for the same period or cancelled, as the case may be.