In forceAmendedAs enactedCurrent version · As enactedSee versions on Singapore Statutes Online(opens the publisher’s site)
9. Prohibition against dealing with property of designated person
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Last amended by an amending law of 2017.
No person in Singapore and no citizen of Singapore outside Singapore shall deal, directly or indirectly, in any property, funds or other financial assets or economic resources that are owned or controlled, directly or indirectly, by or on behalf of —
(a)
a designated person;
(b)
any entity owned or controlled by a designated person; or
(c)
any individual or entity who acts on behalf of or under the direction of a designated person,including funds derived or generated from such property.