Digital Infrastructure Bill · cl 10

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—(1) A major FDI licence granted or renewed under section 8 must —(a)be in the form determined by the Authority; and(b)contain the conditions subject to which it is granted. (2) A major FDI licence granted under section 8 is in force for the duration specified by the Authority in the licence.(3) A major FDI licence renewed under section 8 continues in force for the duration specified by the Authority in the licence, starting from the date immediately following the date on which the licence would have expired but for the renewal.(4) A licensee which is located outside Singapore must appoint a person in Singapore to accept service of notices, directions, orders and other documents under this Act.
A major FDI licence granted or renewed under section 8 must —(a)be in the form determined by the Authority; and(b)contain the conditions subject to which it is granted.
A major FDI licence granted under section 8 is in force for the duration specified by the Authority in the licence.
A major FDI licence renewed under section 8 continues in force for the duration specified by the Authority in the licence, starting from the date immediately following the date on which the licence would have expired but for the renewal.
A licensee which is located outside Singapore must appoint a person in Singapore to accept service of notices, directions, orders and other documents under this Act.

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cl 10Form and duration of major FDI licence, etc.

(1)

A major FDI licence granted or renewed under section 8 must —

(a)

be in the form determined by the Authority; and

(b)

contain the conditions subject to which it is granted.

(2)

A major FDI licence granted under section 8 is in force for the duration specified by the Authority in the licence.

(3)

A major FDI licence renewed under section 8 continues in force for the duration specified by the Authority in the licence, starting from the date immediately following the date on which the licence would have expired but for the renewal.

(4)

A licensee which is located outside Singapore must appoint a person in Singapore to accept service of notices, directions, orders and other documents under this Act.