9. Eligibility to apply for or to hold international market agent licence or international market agent representative licence
Feedback & supportLast amended by an amending law of 2026.
A person shall not be eligible to apply for or to hold an international market agent licence or international market agent representative licence, if —
in the case of an individual ––
he is below the age of 21 years;
he is banned from entering or remaining on, or taking part in any casino gambling or promotional game on, any casino premises pursuant to —
an exclusion order under section 121 or 122 of the Act;
a family exclusion order, provisional family exclusion order or third party exclusion order under Part 10 of the Act; or
self-exclusion under section 165AA of the Act; or
[Deleted by S 632/2026 wef 21/09/2026]
he is an undischarged bankrupt, whether in Singapore or elsewhere; and
in the case of a body corporate ––
it has been declared insolvent by a court, whether in Singapore or elsewhere; or
winding up proceedings against it have commenced or it has gone into liquidation or receivership, whether in Singapore or elsewhere.
Where a licensed international market agent or licensed international market agent representative becomes ineligible to hold the licence under paragraph (1), the licence shall lapse.
Where a licence lapses under paragraph (2), the person who held the licence shall, within 14 days after the date on which the licence lapses, notify the Authority in writing of the lapsing of the licence.
Any person who, without reasonable excuse, fails to comply with paragraph (3) 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.
Subregulation 1
A person shall not be eligible to apply for or to hold an international market agent licence or international market agent representative licence, if —
in the case of an individual ––
he is below the age of 21 years;
he is banned from entering or remaining on, or taking part in any casino gambling or promotional game on, any casino premises pursuant to —
an exclusion order under section 121 or 122 of the Act;
a family exclusion order, provisional family exclusion order or third party exclusion order under Part 10 of the Act; or
self-exclusion under section 165AA of the Act; or
[Deleted by S 632/2026 wef 21/09/2026]
he is an undischarged bankrupt, whether in Singapore or elsewhere; and
in the case of a body corporate ––
it has been declared insolvent by a court, whether in Singapore or elsewhere; or
winding up proceedings against it have commenced or it has gone into liquidation or receivership, whether in Singapore or elsewhere.
Subregulation 2
Where a licensed international market agent or licensed international market agent representative becomes ineligible to hold the licence under paragraph (1), the licence shall lapse.
Subregulation 3
Where a licence lapses under paragraph (2), the person who held the licence shall, within 14 days after the date on which the licence lapses, notify the Authority in writing of the lapsing of the licence.
Subregulation 4
Any person who, without reasonable excuse, fails to comply with paragraph (3) 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.