Singapore legislation

Regulation 39

of Casino Control (Casino Marketing Arrangements) Regulations 2013

Regulation 39

Suspension of licence pending disciplinary action

Subregulation 1

In any case where —

(a)

the Authority has been informed that a licensed international market agent or licensed international market agent representative is under investigation for, or has been charged with —

(i)

an offence under the Act;

(ii)

an offence involving dishonesty or moral turpitude, whether in Singapore or elsewhere; or

(iii)

in relation to a licensed international market agent representative, an offence arising out of or in connection with the employment of the licensed international market agent representative under the Act,the Authority may suspend the international market licensee concerned, pending the conclusion of any inquiry or disciplinary proceedings against the international market licensee under regulation 42, if the Authority thinks it necessary in the public interest that the international market licensee should immediately cease to conduct his or its business as an international market agent or international market agent representative, as the case may be.

Subregulation 2

Any international market licensee who or which is aggrieved by any suspension under paragraph (1) may, within 10 days after he or it is suspended, make representations in writing to the Authority and the Authority may upon such representations, shorten or cancel the suspension.

Subregulation 3

The suspension under paragraph (1) shall take effect notwithstanding that any representation under paragraph (2) is pending.