Singapore legislation
Clause 6
of Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) (Amendment) Bill
Clause 6
Amendment of section 39
Section 39 of the principal Act is amended ––
(a)
by inserting, immediately before the words “drug trafficking” in the 7th line of subsection (1), the words “any act which may constitute”;
(b)
by deleting the words “an authorised officer” in the penultimate line of subsection (1) and substituting the words “a Suspicious Transaction Reporting Officer”;
(c)
by deleting “$10,000” in subsection (2) and substituting “$20,000”; and
(d)
by deleting the words “discloses to an authorised officer” in subsection (6) and substituting the words “discloses in good faith to a Suspicious Transaction Reporting Officer”.