Singapore legislation

Section 28

of Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019

Section 28

Obstruction of investigation, etc.

A person who, without reasonable excuse —

(a)

refuses or fails to provide any information, or produce any document or material, required of the person by the Registrar under section 23; (b)fails to comply with any written notice issued to the person under section 24;

(c)

knowingly obstructs or prevents, or attempts to obstruct or prevent —

(i)

a person from complying with anything required of the person by the Registrar under section 23 or 24; or

(ii)

the Registrar from exercising any of the Registrar’s powers under section 23 or 24; or

(d)

disposes of or deals in any property contrary to the Registrar’s order under section 25(6),shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 2 years or to both.

Read in full context — Precious Stones and Precious Metals (Prevention of Money Laundering and Terrorism Financing) Act 2019 →