Singapore legislation

Regulation 7

Restriction on grant of licence

Amended byS 589/2023 wef 31/12/2021S 478/2005 wef 21/07/2005S 589/2023 wef 31/12/2021S 589/2023 wef 01/09/2023

No person shall be granted a Dealer’s Individual Licence or be deemed to have been granted a Dealer’s Class Licence unless that person is —

(a)

a citizen of Singapore;

(b)

a company incorporated under the Companies Act 1967;

(ba)a limited liability partnership registered under the Limited Liability Partnerships Act 2005;

(c)

a person who carries on a business registered under the Business Names Registration Act 2014; or

(d)

such other person as the Authority may, in its discretion, consider appropriate to hold such licence.