Singapore legislation

Clause 5

of Anti-Money Laundering and Other Matters Bill

Clause 5

Amendment of section 5

In the CDSA, in section 5(1) —

(a)

in paragraph (a)(vii) and (viii), delete “and” at the end;

(b)

in paragraph (a), after sub‑paragraph (viii), insert —“(ix)any information disclosed to a Suspicious Transaction Reporting Officer under section 16A of the Free Trade Zones Act 1966;

(x)

any information disclosed to a Suspicious Transaction Reporting Officer under section 6 of the Goods and Services Tax Act 1993;

(xi)

any information disclosed to a Suspicious Transaction Reporting Officer under section 6 of the Income Tax Act 1947; and

(xii)

any information disclosed to a Suspicious Transaction Reporting Officer under section 31 of the Regulation of Imports and Exports Act 1995; and”; and

(c)

replace paragraph (b) with —“(b)subject to any prohibition or restriction under any written law, the dissemination of the results of any such analysis.”.

Read in full context — Anti-Money Laundering and Other Matters Bill →