Singapore legislation
Clause 31
Clause 31
Proceedings for regulatory action against licensees
(1)
Before exercising any power under section 30(1) or (2), the Director‑General must give written notice to the licensee concerned —
stating that the Director‑General intends to take regulatory action under section 30;
specifying the type of regulatory action mentioned in section 30(1) or (2) that the Director‑General proposes to take, and each instance of contravention or non‑compliance that is the subject of the proposed regulatory action; and
specifying the period (being at least 7 days after the date of service of the written notice on the licensee) within which written representations may be made to the Director‑General with respect to the proposed regulatory action.
(2)
The Director‑General may decide to take the appropriate regulatory action mentioned in section 30(1) or (2) —
after considering any written representation made to the Director‑General pursuant to the written notice mentioned in subsection (1); or
after the period specified in the written notice under subsection (1)(c) lapses, where no written representation is made or any written representation made is subsequently withdrawn.
(3)
Where the Director‑General has made any decision under subsection (2) against any licensee, the Director‑General must serve on the licensee a written notice of the decision.
(4)
Subject to Part 10, a decision to revoke a licence under section 30(1), or to impose a regulatory action mentioned in section 30(2), which is specified in the written notice served under subsection (3), takes effect from the date on which that written notice is served, or on any later date that may be specified in the written notice.
(5)
Any revocation or suspension of any licence under section 30 with respect to a licensee does not affect —
the enforcement by any person of any right or claim against the licensee; or
the enforcement by the licensee of any right or claim against any person.