17. Cash transaction reports

Terms defined in this Act

• cash transaction report

  cash transaction report

  Defined · s 2

  “cash transaction report” means a cash transaction report under section 17;

  Open s 2
• designated transaction

  designated transaction

  Defined · s 15

  “designated transaction” means any of the following transactions conducted wholly or partly in Singapore:(a)a sale of any precious stone, precious metal, precious product or asset‑backed token by a regulated dealer to a customer, for which cash or a cash equivalent exceeding the threshold amount is received as payment;(b)2 or more sales of any precious stone, precious metal, precious product or asset‑backed token in a single day by a regulated dealer to the same customer, or to customers whom the regulated dealer knows act on behalf of the same person, for which cash or a cash equivalent in total exceeding the threshold amount is received as payment;(c)a purchase of any precious stone, precious metal or precious product from a customer (who is not a regulated dealer) by a regulated dealer (who is a secondhand goods dealer), for which cash or a cash equivalent exceeding the threshold amount is received as payment;(d)a transaction prescribed as a designated transaction;

  Open s 15
• Registrar

  Registrar

  Defined · s 2

  “Registrar” means the Registrar of Regulated Dealers appointed under section 4(1);

  Open s 2
• regulated dealer

  regulated dealer

  Defined · s 2

  “regulated dealer” means any person who carries on —(a)a business of regulated dealing; or(b)business as an intermediary for regulated dealing,but excludes a pawnbroker and any other person as may be prescribed;

  Open s 2
• Suspicious Transaction Reporting Officer

  Suspicious Transaction Reporting Officer

  Defined · s 2

  “Suspicious Transaction Reporting Officer” has the meaning given by section 2(1) of the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992.

  Open s 2