Singapore legislation

Clause 16

of Casino Control (Amendment) Bill

Clause 16

Amendment of section 67

In the principal Act, in section 67 —

(a)

in subsection (2)(a), delete “or” at the end;

(b)

in subsection (2)(b), replace the full‑stop at the end with “; or”;

(c)

in subsection (2), after paragraph (b), insert —“(c)requiring the person to carry out the acquisition of shares, interests in shares or voting power within a specified time.”;

(d)

after subsection (2), insert —“(2A) The Authority may at any time add to, vary or revoke any condition imposed under subsection (2).”; and

(e)

after subsection (4), insert —“(5) Where the Authority proposes to add to, vary or revoke under subsection (2A) any condition imposed under subsection (2) (including any condition imposed before the date of commencement of section 16 of the Casino Control (Amendment) Act 2024 under subsection (2) as in force before that date), the Authority must —

(a)

give written notice of the proposed addition, variation or revocation to the person subject to the conditions (called the affected person);

(b)

allow the affected person a specified period to make submissions to the Authority concerning the proposed addition, variation or revocation;

(c)

consider the submissions made, if any; and

(d)

notify the affected person of its decision.”.