Singapore legislation

Clause 19

of Travel Agents (Amendment) Bill

Clause 19

Amendment of section 28

Section 28(1) of the principal Act is amended —

(a)

by inserting, immediately after the words “the carrying out of the provisions of this Act”, the words “and for prescribing anything that is to be prescribed”;

(b)

by inserting, immediately after the words “a licence” in paragraph (a), the words “or by a licensee”;

(c)

by deleting paragraph (b); and

(d)

by deleting paragraphs (e), (f) and (g) and substituting the following paragraphs:“(e)prescribing —

(i)

the fees and charges payable under this Act or the regulations, including fees for a licence; and

(ii)

the interest or penalty for the late payment of any fee or charge; (f)providing for the waiver, refund or remission, whether wholly or in part, of any fee or charge or the interest or penalty for the late payment of any fee or charge, either generally or in any particular case or class of cases or in the discretion of any person;

(g)

prescribing requirements applicable to licensees, including minimum financial requirements that the licensee must satisfy throughout the currency of the licence;

(ga)regulating the conduct of licensees in their business, including —

(i)

imposing restrictions or obligations on licensees in relation to any variation or termination of a contract for the supply by the licensee of a travel product; and

(ii)

providing a code of conduct for licensees;

(gb)prescribing duties applicable to directors of, or individuals employed or engaged by, licensees;”.