Singapore legislation

Clause 81

of Financial Advisers Bill

Clause 81

Offences under this Part

Any person who —

(a)

without reasonable excuse, refuses or fails to comply with an order under section 80(1)(b), (c) or (d);

(b)

in purported compliance with an order under section 80(1)(b) or (c), furnishes to the Authority or transmits to the regulatory authority any material or copy thereof known to the person to be false or misleading in a material particular; or (c)in purported compliance with an order made under section 80(1)(d), makes a statement to the Authority that is false or misleading in a material particular,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.

Clause 81 — Financial Advisers Bill | laws.sg