Singapore legislation
Regulation 8
of Conveyancing and Law of Property (Conveyancing) Rules 2011
Regulation 8
Authorised signatory of forms
Subregulation 1
A solicitor shall not sign or countersign a change of counter-signatory form, or a pay-in form, a variation pay-in form, a pay-out form, a variation pay-out form or any other instruction to an appointed bank to deposit or withdraw any conveyancing money into or from a conveyancing account or conveyancing (CPF) account, if —
the solicitor has been —
in practice as a solicitor in Singapore for less than 3 years in aggregate; or
employed as a Judicial Service Officer, a Legal Service Officer or a PD Officer for less than 3 years in aggregate;
the solicitor is not holding a current practising certificate; or
the practising certificate of the solicitor is subject to any condition imposed under section 25A or 27A of the Legal Profession Act (Cap. 161) prohibiting the solicitor from —
signing any cheque or other instruction effecting a withdrawal from a client account;
signing or countersigning any change of counter-signatory form;
signing any pay-in form, variation pay-in form or other instruction to deposit any conveyancing money into a conveyancing account or conveyancing (CPF) account; or
signing or countersigning any pay-out form, variation pay-out form or other instruction to withdraw any conveyancing money from a conveyancing account or conveyancing (CPF) account.
Subregulation 2
A Singapore law practice shall sign or countersign a form or instruction referred to in paragraph (1) by at least one solicitor who —
is an authorised signatory of that Singapore law practice; and
is not disqualified under that paragraph from signing or countersigning that form or instruction.