Payment Services Act 2019 · 2020 Revised Edition · Part 7 · Offences
93. Falsification of records by officers, etc.
Feedback & supportAn officer, auditor, employee or agent of a relevant entity who —
employee
“employee”, in relation to an employer, includes an individual seconded or temporarily transferred to the employer from another employer;
wilfully makes, or causes to be made, a false entry in any book, or in any report, slip, document or statement of the business, affairs, transactions, conditions or assets of the relevant entity;
wilfully omits to make an entry in any book, or in any report, slip, document or statement of the business, affairs, transactions, conditions or assets of the relevant entity, or wilfully causes any such entry to be omitted; or
wilfully alters, extracts, conceals or destroys an entry in any book, or in any report, slip, document or statement of the business, affairs, transactions, conditions or assets of the relevant entity, or wilfully causes any such entry to be altered, extracted, concealed or destroyed,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $125,000 or to imprisonment for a term not exceeding 3 years or to both.
In this section —
“officer” includes a person purporting to act in the capacity of an officer;
“relevant entity” means an entity that is —
entity
“entity” means any body corporate or unincorporate, whether incorporated, formed or established in or outside Singapore;
a licensee; or
licensee
“licensee” means a payment service provider the licence of which is in force;
an operator, a settlement institution, or a participant, of a payment system.
operator
“operator”, in relation to a payment system, means a person that operates the payment system;