Singapore legislation

Clause 17

False statements in relation to applications for grant, renewal or variation of licence

Any person who, in connection with an application for the grant, renewal or variation of a licence —

(a)

wilfully makes any statement which is false or misleading in a material particular, knowing it to be false or misleading; or (b)wilfully omits to state any matter or thing without which the application is misleading in a material respect, shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 12 months or to both.

Read in full context — Financial Advisers Bill →