Singapore legislation

Section 43

of Pawnbrokers Act 2015

Section 43

Waiver certificate

(1)

The Minister may, on the application of a person —

(a)

grant a waiver certificate, with or without conditions, waiving the application of all or any of the requirements of this Act as they concern the person, for a period that the Minister may specify;

(b)

add to, vary or cancel any condition of the waiver; or

(c)

extend the period of the waiver.

(2)

The Minister may require a person granted a waiver certificate under subsection (1)(a) to pay a fee for the purpose of recovering the costs of regulating the person’s compliance with the conditions of the waiver.

(3)

A waiver certificate granted under subsection (1)(a) need not be published in the Gazette.

(4)

An application under this section —

(a)

must be made in the form that the Registrar may specify;

(b)

must include the information that the Registrar may require in any case; and

(c)

must be accompanied by the payment of the prescribed fee.