In force2007 Revised EditionCurrent version · 2007 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Subsidiary Legislation · 2007 Revised Edition
Deposit Insurance (Composition of Offences) Regulations
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reg 1Citation
These Regulations may be cited as the Deposit Insurance (Composition of Offences) Regulations.
reg 2Compoundable offences
The following offences may be compounded by the Authority in accordance with section 46(1) of the Act:
(a)
an offence under the Act which is punishable with a fine only;
(b)
an offence under section 29, 41(1)(b) or 42 of the Act; and
(c)
an offence under subsection (1)(a) of section 41 of the Act, where the non-compliance referred to in that subsection constitutes a compoundable offence under paragraph (a) or (b).