Singapore legislation

Regulation 7

of Moneylenders Rules 2009

Regulation 7

Replacement licence

Subregulation 1

A licensee must apply to the Registrar for a replacement licence reflecting the correct particulars in any of the following circumstances:

(a)

if the licensee intends to change its principal place of business;

(b)

if the licensee intends to conduct its business of moneylending under a different name.

Subregulation 2

An application under paragraph (1) must be made in writing not later than 7 business days before the change is due to take effect.

Subregulation 3

A licensee who no longer has access to the licence electronically issued to the licensee may apply to the Registrar for a duplicate of the licence, and the Registrar may issue the duplicate electronically.