Debt Collection Act 2022 · Updated to 1 Dec 2023 · Part 3 · Debt Collectors
17. Individuals acting as debt collectors
Official textFrom Singapore Statutes Online, unchanged
An individual must not, on or after the start date, act as a debt collector for a person who carries on a debt collection business unless —
debt collector
“debt collector” means an individual who carries out any debt collection activity for or on behalf of another person;
the person is a licensee which is approved to deploy the individual as the licensee’s debt collector under section 20; or
the person is the individual’s employer and is an excluded person.
An individual must not, on or after the start date, act as a debt collector for a person who carries on a regulated business unless —
regulated business
“regulated business” means a business specified in Part 2 of the First Schedule.
the person is the individual’s employer and is a class licensee; and
the individual is deployed by the person as the person’s debt collector in respect of a debt that the person is authorised to collect under a class licence that is applicable to the person.
An individual who contravenes subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction —
to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 12 months or to both; but(b)where the individual is a repeat offender — to a fine not exceeding $20,000 or to imprisonment for a term not exceeding 2 years or to both.
In this section, “start date” means the date which falls 3 months after the date of commencement of this section.
Terms defined in s 2
class licence
Defined · s 2“class licence” means a class licence determined under an order made under section 14(1);
class licensee
Defined · s 2“class licensee” means a person to whom an order under section 14(1) applies;
debt collection business
Defined · s 2“debt collection business” means the business carried on by a person of collecting any debt from a debtor —(a)on behalf of another person; or(b)where the firstmentioned person has acquired the debt;
debt collector
Defined · s 2“debt collector” means an individual who carries out any debt collection activity for or on behalf of another person;
excluded person
Defined · s 2“excluded person” means a person specified in Part 1 of the First Schedule;
licensee
Defined · s 2“licensee” means a person who is the holder of a licence, but does not include a class licensee;
regulated business
Defined · s 2“regulated business” means a business specified in Part 2 of the First Schedule.
Part 4
Administration and Enforcement
Part 5
Appeals
Part 6