Singapore legislation

Clause 2

of Anti-Money Laundering and Other Matters Bill

Clause 2

Amendment of section 139

In the Casino Control Act 2006, in section 139 —

(a)

in the section heading, replace “and terrorism financing” with “, terrorism financing and financing of proliferation of weapons of mass destruction”;

(b)

in subsection (1), replace “and the financing of terrorism” with “, terrorism financing and the financing of proliferation of weapons of mass destruction,”;

(c)

in subsection (1)(b), replace “$10,000” with “$4,000”;

(d)

in subsection (1)(c), replace “$5,000” with “$4,000”; and

(e)

in subsection (1)(d), replace “or terrorism financing activity” with “, terrorism financing or the financing of proliferation of weapons of mass destruction”.