Singapore legislation
Section 84
Section 84
Interpretation of this Part
In this Part, unless the context otherwise requires —“enforce” means enforce through criminal or administrative proceedings;“enforcement”, in relation to a regulatory authority, means the taking of any action to enforce a law or regulatory requirement against a specified person, being a law or regulatory requirement that relates to the payment systems or payment services of the foreign country of the regulatory authority concerned;“foreign country” means a country or territory other than Singapore;“investigation”, in relation to a regulatory authority, means an investigation to determine if a specified person has contravened or is contravening a law or regulatory requirement, being a law or regulatory requirement that relates to the payment systems or payment services of the foreign country of the regulatory authority concerned;“material” includes any information, book, document or other record in any form whatsoever, and any container or article relating to that information, book, document or record;“prescribed written law” means this Act, or any of the following Acts, and any subsidiary legislation made under this Act or those Acts:
Banking Act 1970;
Finance Companies Act 1967;
Financial Advisers Act 2001;
Financial Holding Companies Act 2013;
Insurance Act 1966;
Monetary Authority of Singapore Act 1970;
Securities and Futures Act 2001;
such other Act as the Authority may prescribe;“regulatory authority”, in relation to a foreign country, means an authority of the foreign country exercising any function that corresponds to a regulatory function of the Authority under this Act;“supervision”, in relation to a regulatory authority, means the taking of any action for or in connection with the supervision of —
a licensee that is regulated by the regulatory authority;
an operator, a settlement institution or a participant, of a designated payment system, that is regulated by the regulatory authority; or
any other person regulated by the regulatory authority.
Definition
“enforce” means enforce through criminal or administrative proceedings;
Definition
“enforcement”, in relation to a regulatory authority, means the taking of any action to enforce a law or regulatory requirement against a specified person, being a law or regulatory requirement that relates to the payment systems or payment services of the foreign country of the regulatory authority concerned;
Definition
“foreign country” means a country or territory other than Singapore;
Definition
“investigation”, in relation to a regulatory authority, means an investigation to determine if a specified person has contravened or is contravening a law or regulatory requirement, being a law or regulatory requirement that relates to the payment systems or payment services of the foreign country of the regulatory authority concerned;
Definition
“material” includes any information, book, document or other record in any form whatsoever, and any container or article relating to that information, book, document or record;
Definition
“prescribed written law” means this Act, or any of the following Acts, and any subsidiary legislation made under this Act or those Acts:
Banking Act 1970;
Finance Companies Act 1967;
Financial Advisers Act 2001;
Financial Holding Companies Act 2013;
Insurance Act 1966;
Monetary Authority of Singapore Act 1970;
Securities and Futures Act 2001;
such other Act as the Authority may prescribe;
Definition
“regulatory authority”, in relation to a foreign country, means an authority of the foreign country exercising any function that corresponds to a regulatory function of the Authority under this Act;
Definition
“supervision”, in relation to a regulatory authority, means the taking of any action for or in connection with the supervision of —
a licensee that is regulated by the regulatory authority;
an operator, a settlement institution or a participant, of a designated payment system, that is regulated by the regulatory authority; or
any other person regulated by the regulatory authority.