Singapore legislation
Clause 90
Clause 90
Variation of licence
(1)
The Authority may, on the application of a licensed person, vary its licence by adding a regulated activity to those already specified in the licence.
(2)
An application referred to in subsection (1) shall be accompanied by a non-refundable prescribed application fee which shall be paid in the manner specified by the Authority.
(3)
The Authority may —
(a)
approve the application subject to such conditions or restrictions as the Authority thinks fit; or
(b)
refuse the application on any of the grounds set out in section 86(4) or 87(3).