Singapore legislation

Clause 11

of Serious Crimes and Counter-Terrorism (Miscellaneous Amendments) Bill

Clause 11

New section 47AA

The CDS Act is amended by inserting, immediately after section 47, the following section:“Possessing or using property reasonably suspected to be benefits from drug dealing, etc.47AA.—

(1)

Any person who possesses or uses any property that may be reasonably suspected of being, or of in whole or in part, directly or indirectly, representing, any benefits of drug dealing or benefits from criminal conduct shall, if the person fails to account satisfactorily how the person came by the property, be guilty of an offence.(2) Any person who commits an offence under subsection (1) shall be liable on conviction —

(a)

if the person is an individual, to a fine not exceeding $150,000 or to imprisonment for a term not exceeding 3 years or to both; or

(b)

if the person is not an individual, to a fine not exceeding $300,000.”.

Read in full context — Serious Crimes and Counter-Terrorism (Miscellaneous Amendments) Bill →