Singapore legislation
Regulation 9
of Postal Services (Control of Designated Postal Licensees) Regulations 2012
Regulation 9
Exculpatory notice
Subregulation 1
A notice by a designated postal licensee under section 26D(9)(b) of the Act shall —
specify the matters referred to in regulation 7(5);
contain such information as the Postal Authority may require for the purpose of determining what directions to give under section 26D of the Act; and
be accompanied by payment of $5,000 unless otherwise waived by the Postal Authority.
Subregulation 2
A person who has become aware that he has contravened section 26B(2), (3) or (4) of the Act shall not acquire any further voting shares in any designated postal licensee or control over the voting power in any designated postal licensee until he has notified the Postal Authority in accordance with section 26D(9)(b) of the Act and complied with such directions as the Postal Authority may give thereunder.