Singapore legislation
Clause 18
Clause 18
Deployment of individuals to perform debt collection activities by licensees
(1)
A licensee must not deploy an individual as the licensee’s debt collector unless the Licensing Officer has granted approval under section 20 for the individual to be deployed as a debt collector by the licensee.
(2)
A licensee who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction —
(a)
to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 12 months or to both; but(b)where the licensee is a repeat offender — to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 2 years or to both.