Singapore legislation
Clause 30
Clause 30
Amendment of section 74
In the Payment Services Act 2019, in section 74 —
(a)
in the section heading, delete “and investigation”;
(b)
in subsection (1), replace paragraph (a) with —“(a)produced a written report upon an inspection under section 72 of the books of a person (being a licensee, an exempt payment service provider, an operator, a settlement institution or a participant of a designated payment system, or a person exempt under section 100); and”; and
(c)
in subsection (1)(b), replace “or the person under investigation (each called in this section the subject)” with “(called in this section the subject)”.