Singapore legislation

Section 7

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

Section 7

Registration and renewal

(1)

An application for registration as a registered dealer, or renewal of registration, must be —

(a)

made to the Registrar in the form and manner specified by the Registrar;

(b)

accompanied by the documents and information required by the Registrar; and

(c)

accompanied by the application fee prescribed, if any.

(2)

The Registrar may —

(a)

grant the registration or renewal, with such conditions and for such period as may be prescribed; or (b)refuse the registration or renewal.