Singapore legislation

Clause 12

of Prevention of Proliferation Financing and Other Matters Bill

Clause 12

Amendment of section 17

In the PSPM Act, in section 17 —

(a)

after subsection (1), insert —“(1A) A regulated dealer must not, without reasonable excuse, submit a cash transaction report under subsection (1) that is incomplete or inaccurate.”; and

(b)

in subsection (4), after “subsection (1),”, insert “(1A),”.