Singapore legislation

Regulation 3

of Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) (Exemption) Order 2010

Regulation 3

Exemption

Amended byS 864/2024 wef 14/11/2024S 490/2023 wef 31/12/2021

A casino operator shall be exempted from section 62 of the Act in respect of any receipt of cash from outside Singapore, if —

(a)

the entire amount of cash is received by the casino operator only in physical currency; and

(b)

the casino operator has filed a cash transaction report under regulation 3 of the Casino Control (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Regulations 2009 (G.N. No. S 507/2009) in respect of the entire amount of physical currency received.

Read in full context — Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) (Exemption) Order 2010 →