Clause 46

by deleting the words “or 4” in the following provisions and substituting in each case the words “, 4 or 4A”:Sections 13(1)(da), 46H(1)(da), 56(1)(da), 81Z(1)(da), 95(2)(ea) and 289(4A);

by deleting the words “or 4” in section 14(1)(e) and substituting the words “, 4 or 4A”;

by inserting, immediately after subsection (4) of section 150B, the following subsection:“(4A) To avoid doubt, this section, and section 150C in relation to an inspection under this section, do not apply to any inspection by a foreign regulatory authority of the books of any person, if —

the foreign regulatory authority is an AML/CFT authority as defined in section 152 of the Monetary Authority of Singapore Act (Cap. 186), and exercises consolidated supervision authority as defined in that section over that person; and

the inspection is solely for the purpose of such consolidated supervision.”; and

by inserting, immediately after section 169, the following section:“Application of this Part169A. This Part does not apply to any request for assistance mentioned in section 154(1) of the Monetary Authority of Singapore Act.”.