Singapore legislation
Clause 293
Clause 293
Grant of FSSA authorisation
(1)
Subject to this Act, after considering any application under section 292, the Agency may —
(a)
on payment of the applicable fee for an FSSA authorisation applied for (if prescribed), grant the applicant the FSSA authorisation; or
(b)
refuse to grant the FSSA authorisation applied for.
(2)
The Agency may grant a renewal of an FSSA authorisation with or without modifying the conditions of the FSSA authorisation, except that section 295 does not apply to or in relation to granting a renewal of an FSSA authorisation with modifications to the conditions of the FSSA authorisation.