Singapore legislation

Clause 12

of Corporate Service Providers Bill

Clause 12

Obligation to notify Registrar

(1)

A registered person (other than a deemed corporate service provider or deemed registered qualified individual) must notify the Registrar of each of the following changes within 14 days after the occurrence of the change and in the manner specified by the Registrar:

(a)

any change in any particulars provided in the person’s application for the registration, or renewal of registration, under section 8(1) or 10(1), as the case may be;

(b)

any change in any particulars provided under paragraph (a).

(2)

A registered person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000.