Singapore legislation

Clause 19

of Travel Agents Bill

Clause 19

Wrongful conversion and false accounts

(1)

Any licensee who —

(a)

fraudulently converts to his own use or to the use of any other person —

(i)

any moneys, or any part of any moneys, received by him on behalf of any person in respect of any transaction in his capacity as a travel agent; or

(ii)

any moneys, or part of any moneys, so received which are held by him in trust pending the completion of any transaction;

(b)

fraudulently omits to account for, deliver or pay —

(i)

any such moneys or any part thereof so received by him on behalf of any person to such person; or

(ii)

any such moneys or any part thereof so received by him which are or were held by him in trust as aforesaid pending the completion of the transaction to the person or persons entitled to such moneys; or

(c)

fraudulently renders an account knowing such account to be false in any material particulars —

(i)

of any such moneys or any part thereof so received by him on behalf of any person;

(ii)

of any moneys so received by him which are or were held by him in trust pending the completion of any transaction or any part of such moneys; or

(iii)

of expenses, commission or other charges incidental to any transaction or proposed or contemplated transaction as a travel agent,shall be guilty of an offence and shall be liable on conviction to imprisonment for a term not exceeding three years.

(2)

Nothing contained in this section shall be so construed as to limit or in any way affect the provisions of any other written law.

Read in full context — Travel Agents Bill →