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Digital Infrastructure Bill · cl 8

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cl 8Application for grant or renewal of major FDI licence

(1)

A person that wishes to provide a major foundational digital infrastructure service —

(a)

whether from within or outside Singapore, to users in Singapore; or

(b)

wholly or partially from Singapore, to users in or outside Singapore, may apply to the Authority for the grant or renewal of a major FDI licence under this section.

(2)

An application under subsection (1) must be —

(a)

made in writing to the Authority in the form and manner determined by the Authority;

(b)

accompanied by such information and documents as may be determined by the Authority;

(c)

accompanied by such application fee as may be prescribed; and

(d)

in the case of an application for the renewal of a major FDI licence, made not later than 6 months or such other period before the expiry of the licence as may be prescribed (called in this section the renewal period).

(3)

Upon receiving an application under subsection (1), the Authority may —

(a)

grant a major FDI licence to, or renew the major FDI licence of, the applicant; or

(b)

refuse to grant a major FDI licence to, or renew the major FDI licence of, the applicant.

(4)

Subject to the provisions of this Act, an applicant is eligible for the grant or renewal of the major FDI licence if, and only if —

(a)

the applicant has paid the prescribed licence fee, if any; and

(b)

the applicant satisfies any other requirements that may be prescribed for such grant or renewal.

(5)

Without affecting subsection (4), the Authority may refuse to grant a major FDI licence to, or renew the major FDI licence of, an applicant if, in the Authority’s opinion —

(a)

it is not in the public interest to grant or renew the licence; or (b)the grant or renewal of the licence may pose a threat to national security.

(6)

Where a person submits an application for the renewal of the person’s major FDI licence before the start of the renewal period, the licence continues in force beyond the expiry date until the date on which the licence is renewed or the application for its renewal is refused, as the case may be.

(7)

The Authority may, on the application of a person and on any terms that the Authority thinks appropriate, by notice abridge the renewal period mentioned in subsection (2)(d), and an application for the renewal of the person’s major FDI licence submitted before the start of the abridged renewal period is treated as submitted before the start of the renewal period for the purposes of subsection (6).

(8)

An applicant which is located outside Singapore may appoint a person in Singapore to accept service of notices and other documents under this Act.