Singapore legislation
Section 20
Section 20
Other offences under this Part
(1)
Any person who, in connection with an application for the issue or renewal of a licence or for the approval of any place of business for moneylending —
knowingly or recklessly furnishes any information or statement to the Registrar which is false or misleading in a material particular;
wilfully omits to state any matter without which the application is misleading in a material particular; or
produces to the Registrar any book, record or other document which the person knows or has reason to believe contains information which is false or misleading in a material particular,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $40,000 or to imprisonment for a term not exceeding 12 months or to both.
(2)
Any licensee who —
contravenes any condition of the licensee’s licence; or
carries on the business of moneylending under any name other than the licensee’s business name,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000.[15