Singapore legislation

Regulation 3

of Competition (Composition of Offences) Regulations

Regulation 3

Acceptance of composition of offence

Subregulation 1

An offence may be compounded only if the person reasonably suspected of having committed the offence —

(a)

accepts the offer of composition made by the Commission in writing in the form set out in the Second Schedule; and

(b)

pays the composition sum to the Commission,within 14 days after the offer of composition is made or such longer period as the Commission may specify.

Subregulation 2

Where the person referred to in paragraph (1) is not an individual, the acceptance of composition shall be made —

(a)

in the case of a body corporate, by an officer of that body corporate;

(b)

in the case of a partnership, by a partner of that partnership; or

(c)

in the case of an unincorporated association (other than a partnership), by an officer of that association or a member of its governing body.

Subregulation 3

In paragraph (2), “officer” —

(a)

in relation to a body corporate, means a director, member of the committee of management, chief executive, manager, secretary or other similar officer of the body; or

(b)

in relation to an unincorporated association (other than a partnership), means the president, the secretary or any member of the committee of the association and includes persons holding positions analogous to those of president, secretary or member of a committee.