In forceUpdated to 9 Jun 2025Current version · Updated to 9 Jun 2025See versions on Singapore Statutes Online(opens the publisher’s site)
Corporate Service Providers Act 2024 · Updated to 9 Jun 2025 · Part 7 · General
Corporate Service Providers Act 2024 · Updated to 9 Jun 2025 · Part 7 · General
Official textFrom Singapore Statutes Online, unchanged
The Registrar may compound any offence under this Act that is prescribed as a compoundable offence by collecting from a person reasonably suspected of having committed the offence a sum not exceeding the lower of the following:
Registrar
“Registrar” means the Registrar of Corporate Service Providers appointed under section 5(2)(a), and includes any Deputy Registrar or Assistant Registrar;
one half of the amount of the maximum fine that is prescribed for the offence;
$20,000.
On payment of the sum of money, no further proceedings are to be taken against that person in respect of the offence.
All sums collected under this section must be paid into the Consolidated Fund.
Registrar
“Registrar” means the Registrar of Corporate Service Providers appointed under section 5(2)(a), and includes any Deputy Registrar or Assistant Registrar;
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Part 8
Part 9