Singapore legislation
Clause 5
Clause 5
Related amendments to Private Security Industry Act
The Private Security Industry Act (Cap. 250A) is amended —
by inserting, immediately after paragraph (e) of section 18(1), the following paragraphs:“(ea)selling any intelligent banknote neutralisation system;
(eb)employing an intelligent banknote neutralisation system in carrying out cash‑in‑transit services;”;
by inserting, immediately after subsection (2) of section 18, the following subsection:“(3) In this section, “intelligent banknote neutralisation system” means a security system which is designed to deter unauthorised access to currency notes by mutilating, destroying or permanently damaging the currency notes, such as by the application of a staining or degradation agent to the currency notes or otherwise.”; and
by inserting, immediately after the words “or evidence” in section 21(2), the words “, or any trial or demonstration of any security service, or of any equipment to be employed in carrying out any security service, proposed to be provided by the applicant,”.