Singapore legislation

Section 58

of Payment Services Act 2019

Section 58

Application and interpretation of this Division

(1)

This Division applies to —

(a)

every individual, whether or not resident in Singapore and whether or not a citizen of Singapore; and

(b)

every entity.

(2)

In this Division, unless the context otherwise requires —

(a)

any reference to an operator is a reference to an operator of a designated payment system; and

(b)

any reference to a Singapore operator is a reference to a Singapore operator of a designated payment system.