Singapore legislation
Regulation 17
of Casino Control (Casino Marketing Arrangements) Regulations 2013
Regulation 17
Validity period of international market agent licence
Subregulation 1
An international market agent licence shall be valid for such period as the Authority may specify in the licence (not being longer than 3 years), unless before that date —
the licence lapses under regulation 9(2);
the licence lapses under regulation 19(2)(a) or, after it lapses with respect to a casino under regulation 19(2)(b), there is no other casino in respect of which the licence is valid; or
the licence is cancelled under section 110C of the Act or regulation 42.
Subregulation 2
Where an international market agent licence lapses under paragraph (1)(b), the international market agent shall, within 14 days after the date on which the licence lapses, return the licence to the Authority.
Subregulation 3
Any person who, without reasonable excuse, fails to comply with paragraph (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 6 months or to both.