Singapore legislation

Clause 11

of Corporate Service Providers Bill

Clause 11

Criteria for registration or renewal of registration of qualified individuals

(1)

The Registrar must refuse to register, or to renew the registration of, a qualified individual —

(a)

if the applicant is not or (in the case of an application to renew the registration of a qualified individual) ceases to be a qualified individual, or has not successfully completed a prescribed course or training;

(b)

if the Registrar is satisfied that the applicant is not a fit and proper person; or

(c)

if the applicant has had a previous registration as a registered qualified individual cancelled under section 21(2) or (3) less than 2 years before the date of his or her application for registration as a registered qualified individual.

(2)

In determining for the purposes of subsection (1)(b) whether an applicant is a fit and proper person, the Registrar may consider such factors as may be prescribed.