Singapore legislation
Regulation 50F
Regulation 50F
Approved central refund counter operators
Subregulation 1
The Comptroller may appoint any person to be an approved central refund counter operator for such period and subject to such conditions as the Comptroller may determine for the purpose of processing and making refunds to tourists under the scheme on behalf of approved central refund agencies and approved independent retailers.
Subregulation 2
The approved central refund counter operator shall not require any approved central refund agency or approved independent retailer to pay any fee or other consideration to it for any services provided by the former to the latter unless the amount of such fee or other consideration has been approved by the Comptroller.
Subregulation 3
The approved central refund counter operator may only terminate its appointment by giving the Comptroller one-year’s notice in writing; except that where the remaining period of its approval is less than one year, the period of the notice shall be that remaining period.
Subregulation 4
The Comptroller may, at any time, by notice in writing —
suspend or revoke the appointment of an approved central refund counter operator if he is satisfied that the approved central refund counter operator has ceased to comply with any condition imposed by the Comptroller under paragraph (1) or fails to comply with paragraph (2); or
remove, vary or add to the conditions referred to in paragraph (1).