Singapore legislation

Clause 9

of Debt Collection Bill

Clause 9

Form and validity of licence

(1)

Every licence is to be in the form that the Licensing Officer determines.

(2)

Every licence granted or renewed under this Act continues in force for the period specified in the licence unless it is earlier revoked under section 22(1) or suspended under section 22(2)(b) or 24(2).

(3)

A licence is not transferable or assignable to any person, and a purported transfer or assignment of a licence, or of any rights, benefits or privileges under the licence, is void and of no effect.