Singapore legislation
Clause 22
of Mutual Assistance in Criminal Matters (Amendment) and Other Matters Bill
Clause 22
Renumbering and amendment of section 84A
(1)
In the Trustees Act, renumber the existing section 84A as section 84Q.
(2)
In the Trustees Act, in section 84Q (as renumbered by subsection (1)) —
(a)
in subsection (2), after paragraph (b), insert —“(ba)provide that a trustee of a relevant trust must —
(i)
retain any document relating to the trust, as may be prescribed; and
(ii)
keep and maintain up‑to‑date records of any information relating to the administration of the trust or other relevant information relating to the trust, as may be prescribed;”;
(b)
in subsection (2)(d), after “paragraphs (a), (b)”, insert “, (ba)”; and
(c)
in subsection (2)(g), replace “$1,000” with “$25,000”.