Singapore legislation

Clause 39

of Insurance Bill

Clause 39

General provisions as to offences

(1)

Any person who —

(a)

signs any document lodged with the Commissioner under subsection (6) of section 20 of this Act, or under section 22 or 23 of this Act or under paragraph (a) of subsection (1) of section 34 of this Act; or

(b)

furnishes the Commissioner with any information under or for the purposes of any other provision of this Act,shall use due care to secure that the document or information is not false in any material particular; and if he does not use due care in this behalf and the document or information is false in a material particular, he shall be guilty of an offence and shall be liable on conviction to a fine of five thousand dollars or to imprisonment for a term of six months or to both such fine and imprisonment.

(2)

Any person who is guilty of any breach of a duty imposed on him by or by virtue of this Act as being or having been an insurer or an insurance agent or broker shall, in a case where no other punishment is provided for by this Act or by the regulations, be liable on conviction to a fine of five hundred dollars and to a fine of fifty dollars for every day during which the offence is continued after conviction.

(3)

Where an offence under this Act or any regulations made thereunder is committed by any company or body corporate, any person who at the time of the commission of the offence is a director, manager, secretary or other similar officer of that company or body, or is purporting to act in that capacity, shall be guilty of the offence under this Act unless he proves that he exercised all such diligence to prevent the commission of the offence as he ought to have exercised, having regard to the nature of his functions in that capacity and to all the circumstances.

(4)

Where an offence under this Act is committed by a company or body corporate, being an offence consisting in the breach of a duty imposed only on companies and bodies corporate, any individual guilty of the offence (whether by virtue of subsection (3) of this section or otherwise) shall be liable on conviction to imprisonment for a term of six months in addition to or in substitution for any fine.

(5)

For the purpose of any proceedings under paragraph (a) of subsection (1) of this section, a document purporting to be signed by any person shall be presumed to have been signed by him, unless the contrary is proved.