Singapore legislation
Clause 51
of Economic Expansion Incentives (Relief from Income Tax) Bill
Clause 51
Compounding of offence
(1)
Any officer authorised by the Comptroller or any senior officer of customs may compound any offence which is prescribed to be a compoundable offence by accepting from the person reasonably suspected of having committed such offence a sum of money not exceeding one thousand dollars.
(2)
On payment of such sum of money the person reasonably suspected of having committed an offence, if in custody, shall be discharged, any property seized shall be released and no further proceedings shall be taken against such person or property.