Singapore legislation

Regulation 4

of Corruption, Drug Trafficking and Other Serious Crimes (Cross Border Movements of Physical Currency and Bearer Negotiable Instruments) Regulations 2007

Regulation 4

Times and forms for making reports on moving cash out of Singapore

Amended byS 336/2024 wef 13/05/2024S 336/2024 wef 13/05/2024S 336/2024 wef 13/05/2024S 336/2024 wef 13/05/2024S 336/2024 wef 13/05/2024S 336/2024 wef 31/12/2021

Subregulation 1

Amended byS 336/2024 wef 13/05/2024S 336/2024 wef 13/05/2024S 336/2024 wef 13/05/2024S 336/2024 wef 13/05/2024S 336/2024 wef 13/05/2024S 336/2024 wef 31/12/2021

The time to make a report under section 60(1) of the Act in respect of the movement of cash out of Singapore by any person shall be —

(a)

where the person (not being a member of the crew of a vessel or train) is bringing the cash out of Singapore with him by air, sea or land and he is to leave Singapore at an embarkation location that is not a military airbase —

(i)

any time within 72 hours before he appears before an immigration officer for an immigration clearance purpose in relation to his leaving Singapore; or (ii)if he is granted a waiver from any written law requiring him to produce his passport or travel document to an immigration officer in relation to his leaving Singapore or if such law does not apply to him, any time within 72 hours before he reaches the area in the embarkation location used for an immigration clearance purpose;

(b)

where the person is a member of the crew of a vessel bringing the cash out of Singapore with him by sea on the vessel and he is to leave Singapore at an embarkation location, any time within 72 hours before he appears before an immigration officer for an immigration clearance purpose in relation to his leaving Singapore;

(c)

where the person is a member of the crew of a train bringing the cash out of Singapore with him by land on the train and he is to leave Singapore at an embarkation location, any time within 72 hours before he appears before an immigration officer for an immigration clearance purpose in relation to his leaving Singapore;

(d)

where the person is bringing the cash out of Singapore with him by air and he is to leave Singapore at a military airbase, any time within 72 hours before he appears before an immigration officer for an immigration clearance purpose in relation to his leaving Singapore;

(e)

where the movement of the cash is to be effected by post or the use of a commercial goods carrier —

(i)

in the case of the sender —

(A)

no later than one business day (or, if the report is to be sent by post, no later than 2 business days) before the date the cash is irrevocably committed by the sender to be moved in that manner; or

(B)

if it is not reasonably practicable for the report to be given by the time stipulated in sub-paragraph (A), the first opportunity thereafter but before the receptacle containing the cash leaves Singapore; or

(ii)

in the case of the commercial goods carrier —

(A)

no later than one business day (or, if the report is to be sent by post, no later than 2 business days) before the date the cash is irrevocably committed by the sender to him; or

(B)

if it is not reasonably practicable for the report to be given by the time stipulated in sub-paragraph (A), the first opportunity thereafter but before the receptacle containing the cash leaves Singapore.

Subregulation 2

A report on the movement of cash in any manner referred to in paragraph (1)(a) to (d) shall be in Form NP 727, and a report on the movement of cash in the manner referred to in paragraph (1)(e) shall be in Form NP 728.