Singapore legislation
Regulation 2P
Regulation 2P
Surrender of licence
Amended byS 649/2011 wef 19/12/2011
Subregulation 1
A licensee may at any time surrender his licence to the Committee for cancellation.
Subregulation 2
If a licensee applies to the Committee for a new licence in substitution for the current licence, he shall, if a new licence is granted to him, surrender the current licence for cancellation on or before the date from which the new licence is to take effect.
Subregulation 3
Amended byS 649/2011 wef 19/12/2011
Upon the Committee approving the assignment of a licence from a licensee to another, the licensee shall without delay surrender the licence in its possession to the Committee for cancellation.