Singapore legislation

Clause 77

of Financial Advisers Bill

Clause 77

Interpretation of this Part

In this Part, unless the context otherwise requires —“enforce” means enforce through criminal, civil or administrative proceedings;“enforcement” means the taking of any action to enforce a law or regulatory requirement against a specified person, being a law or regulatory requirement that relates to any financial advisory service in the foreign country of the regulatory authority concerned;“foreign country” means a country or territory other than Singapore;“investigation” means an investigation to determine if a specified person has contravened or is contravening a law or regulatory requirement, being a law or regulatory requirement that relates to any financial advisory service in the foreign country of the regulatory authority concerned;“material” includes any information, book, document or other record in any form whatsoever, and any container or article relating thereto;“regulatory authority”, in relation to a foreign country, means an authority of the foreign country exercising any function that corresponds to a regulatory function of the Authority under this Act;“relevant day” means —

(a)

in relation to any financial advisory service in respect of securities or futures contracts, 6th March 2000; or

(b)

in relation to any other financial advisory service, the appointed day;“supervision”, in relation to a regulatory authority, means the taking of any action for or in connection with the supervision of a subject-matter in the foreign country of the regulatory authority, being a subject-matter relating to any financial advisory service.

Definition

“enforce” means enforce through criminal, civil or administrative proceedings;

Definition

“enforcement” means the taking of any action to enforce a law or regulatory requirement against a specified person, being a law or regulatory requirement that relates to any financial advisory service in the foreign country of the regulatory authority concerned;

Definition

“foreign country” means a country or territory other than Singapore;

Definition

“investigation” means an investigation to determine if a specified person has contravened or is contravening a law or regulatory requirement, being a law or regulatory requirement that relates to any financial advisory service in the foreign country of the regulatory authority concerned;

Definition

“material” includes any information, book, document or other record in any form whatsoever, and any container or article relating thereto;

Definition

“regulatory authority”, in relation to a foreign country, means an authority of the foreign country exercising any function that corresponds to a regulatory function of the Authority under this Act;

Definition

“relevant day” means —

(a)

in relation to any financial advisory service in respect of securities or futures contracts, 6th March 2000; or

(b)

in relation to any other financial advisory service, the appointed day;

Definition

“supervision”, in relation to a regulatory authority, means the taking of any action for or in connection with the supervision of a subject-matter in the foreign country of the regulatory authority, being a subject-matter relating to any financial advisory service.

Clause 77 — Financial Advisers Bill | laws.sg