Singapore legislation

Clause 37

of Transport Sector (Critical Firms) Bill

Clause 37

Amendment of section 86G

In the MPA Act, in section 86G —

(a)

replace the section heading with “Remedial directions relating to section 86F”;

(b)

replace subsection (1) with —“(1) Subsection (2), (3) or (4) applies if —

(a)

the Authority is satisfied that a person (called in this section a defaulter) —

(i)

has contravened section 86F(1) or (3) or failed to comply with a condition imposed on that person under section 86F(6); or

(ii)

has provided false or misleading information or documents in connection with an application for approval under section 86F(1) or (3); or

(b)

the Authority would not have granted its approval under section 86F(1) or (3) had it been aware, at the time of approval, of circumstances relevant to a defaulter’s application for such approval.”;

(c)

in subsection (2), replace “Where a defaulter is a 25% controller or 50% controller” with “Where a defaulter is a 25% controller, 50% controller or 75% controller”;

(d)

in subsection (2)(a), replace “a 25% controller or 50% controller” with “a 25% controller, 50% controller or 75% controller”;

(e)

in subsections (2)(c) and (3)(d), after “restrict”, insert “or prohibit”;

(f)

in subsection (3), replace “who is a 50% controller or 75% controller” with “who is a 25% controller, 50% controller or 75% controller”;

(g)

in subsection (3), replace “ceases to be a 50% controller or 75% controller” with “ceases to be a 25% controller, 50% controller or 75% controller”;

(h)

in subsection (3)(b), replace “a 50% controller or 75% controller” with “a 25% controller, 50% controller or 75% controller”; and

(i)

delete subsections (5) to (9).

Read in full context — Transport Sector (Critical Firms) Bill →