Singapore legislation

Clause 6

of Prevention of Proliferation Financing and Other Matters Bill

Clause 6

Amendment of section 8

In the PSPM Act, in section 8 —

(a)

in subsection (1)(d)(ii), after “secretary”, insert “, compliance officer”;

(b)

in subsection (2)(a), replace “10 April 2019” with “the commencement date”;

(c)

in subsection (2)(a), replace sub‑paragraph (ii) with —“(ii)of a relevant offence;”; (d)in subsection (2), replace paragraph (c) with —“(c)the person’s record of compliance with requirements for the following to which the person is subject under this Act or any other written law or the law of any foreign country or territory:

(i)

the prevention of money laundering;

(ii)

the prevention of terrorism financing;

(iii)

the prevention of the financing of proliferation of weapons of mass destruction.”; and

(e)

after subsection (3), insert —“(4) In subsection (2)(a), “commencement date” means the date of commencement of section 6 of the Prevention of Proliferation Financing and Other Matters Act 2024.”.

Clause 6 — Prevention of Proliferation Financing and Other Matters Bill