Singapore legislation
Regulation 8
Regulation 8
Commissioner to be notified of certain occurrences
Subregulation 1
Where a claim for relief under section 15(1) of the Act has been allowed and any matter specified in rule 6 or 7, as the case may be, occurs, each entity which was a party to the instrument shall notify the Commissioner of the circumstances of the occurrence within 30 days from the date of the occurrence.
Subregulation 2
Any entity which fails to comply with paragraph (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $1,000.