In forceAmended2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
123H. False statements in relation to application for authorisation
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Last amended by an amending law of 2017.
Any person who, in connection with an application for authorisation as an authorised benchmark administrator —
(a)
without reasonable excuse, makes a statement which is false or misleading in a material particular; or
(b)
without reasonable excuse, omits to state any matter or thing without which the application is misleading in a material respect,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $50,000.