Debt Collection Act 2022 · Updated to 1 Dec 2023 · Part 2 · Regulation of Debt Collection Businesses and Debt Collection Activities Relating to Regulated Businesses
7. Application for or to renew licence
Official textFrom Singapore Statutes Online, unchanged
An application for or to renew a licence must be made to the Licensing Officer in accordance with this section.
An application under subsection (1) must —
be in the form and manner required by the Licensing Officer;
be accompanied by a non-refundable application fee (if prescribed) paid in the manner required by the Licensing Officer; and
be accompanied by any information that the Licensing Officer requires to decide on the application.
In addition to the requirements under subsection (2), an application to renew a licence must —
be made not later than the prescribed time before the date the licence expires (called in this subsection the renewal deadline); and
if made later than the renewal deadline, be accompanied by a non‑refundable late renewal application fee (if prescribed) paid in the manner required by the Licensing Officer.
The Licensing Officer or an authorised officer may —
Licensing Officer
“Licensing Officer” means the public officer appointed under section 3(1)(a);
carry out any inquiry or investigation in relation to an application under subsection (1) that is necessary for a proper consideration by the Licensing Officer of the application; and
request that the applicant provide, within a specified time, any additional information that the Licensing Officer requires for a proper consideration of the application.
The Licensing Officer may refuse an application under subsection (1) —
that is incomplete or otherwise not made in accordance with this section; or
if the applicant fails to provide the additional information requested under subsection (4)(b).
An applicant who, in an application under subsection (1), makes a statement which the applicant knows to be false in a material particular 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 2 years or to both.
Terms defined in s 2
authorised officer
Defined · s 2“authorised officer” means a public officer appointed under section 3(3);
Licensing Officer
Defined · s 2“Licensing Officer” means the public officer appointed under section 3(1)(a);
Part 3
Debt Collectors
Part 4
Administration and Enforcement
Part 5
Appeals
Part 6