Corporate Service Providers Act 2024 · Updated to 9 Jun 2025 · Part 9 · Saving and Transitional Provisions
44. Saving and transitional provisions for registered qualified individuals
Official textFrom Singapore Statutes Online, unchanged
Despite anything in this Act, a person who, immediately before the section 10 commencement date, was an ACRA RQI under section 32 of the ACRA Act as in force immediately before that date (called in this section the old section 32) is, on or after that date, treated as registered under section 10 as a registered qualified individual until the expiry of the period of his or her registration as an ACRA RQI.
section 10 commencement date
“section 10 commencement date” means the date of commencement of section 10;
For the purposes of subsection (1), where the registration of the person as an ACRA RQI under the old section 32 is subject to any terms and conditions, then the deemed registration of the person as a registered qualified individual is subject to the same terms and conditions as if those terms and conditions were imposed under section 10(3).
registration
“registration” means registration of a registered corporate service provider or registered qualified individual, as the case may be;
Where —
an application is made by an individual for registration as an ACRA RQI before the section 36 commencement date; and
the application is pending immediately before that date,the application is treated, on or after that date, as an application made by the individual to the Registrar under section 10 for registration as a registered qualified individual.
Terms defined in this Act
ACRA Act
Defined · s 2“ACRA Act” means the Accounting and Corporate Regulatory Authority Act 2004;
ACRA RQI
Defined · s 41“ACRA RQI” means a qualified individual registered by the Chief Executive under section 32 of the old ACRA Act;
registered qualified individual
Defined · s 2“registered qualified individual” means a qualified individual who is registered under this Act, and includes —(a)a deemed registered qualified individual; and(b)a person who is treated under section 44(1) as registered under section 10 as a registered qualified individual;
Registrar
Defined · s 2“Registrar” means the Registrar of Corporate Service Providers appointed under section 5(2)(a), and includes any Deputy Registrar or Assistant Registrar;
registration
Defined · s 2“registration” means registration of a registered corporate service provider or registered qualified individual, as the case may be;
section 10 commencement date
Defined · s 41“section 10 commencement date” means the date of commencement of section 10;
section 36 commencement date
Defined · s 41“section 36 commencement date” means the date of commencement of section 36.