Singapore legislation

Clause 39

of Financial Advisers Bill

Clause 39

Notice of particulars to Authority

(1)

A relevant person shall give notice to the Authority in the prescribed form of —

(a)

the place at which he will keep the register of his interests in securities or, if the register is in electronic form, the place at which full access to the register may be gained; and

(b)

such other particulars as may be prescribed.

(2)

The notice under subsection (1) shall be given —

(a)

in the case of a person who is required by this Act to hold a licence, as part of his application for the licence; or

(b)

in any other case, within 14 days after he becomes a relevant person.

(3)

The notice under subsection (1) shall be given by a person notwithstanding that he has ceased to be a relevant person before the expiry of the period referred to in subsection (2)(b).

(4)

A person who ceases to be a relevant person shall, within 14 days of his so ceasing, notify the Authority.

(5)

Any person who contravenes this section shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.

Clause 39 — Financial Advisers Bill | laws.sg