Singapore legislation

Clause 10

of Corporate Service Providers Bill

Clause 10

Registration and renewal of registration of qualified individuals

(1)

An application for the registration, or for renewal of the registration, of a qualified individual must be made to the Registrar —

(a)

in the form and manner specified by the Registrar;

(b)

accompanied by the documents and information required by the Registrar; and

(c)

accompanied by the prescribed fee, if any.

(2)

An application for renewal of registration must be made not earlier than 60 days before the date of expiry of the registration.

(3)

The Registrar may —

(a)

grant the registration or renewal, with such conditions and for such period specified by the Registrar; or

(b)

refuse the registration or renewal.

(4)

The Registrar may impose different conditions in respect of —

(a)

different classes of registered qualified individuals; or

(b)

registered qualified individuals under different circumstances.

(5)

Without limiting subsection (3)(a), the Registrar may impose on any registered qualified individual any restriction pertaining to the use by that qualified individual of the electronic transaction system as the Registrar thinks fit.