Singapore legislation
Regulation 5B
Regulation 5B
Provision of credit by way of chips
Amended byS 61/2013 wef 31/01/2013
Subregulation 1
For the purposes of section 108(7B) of the Act, the casino operator or any licensed international market agent providing credit shall comply with all requirements under the Act and any regulation made thereunder.
Subregulation 2
Amended byS 61/2013 wef 31/01/2013
No licensed international market agent, associate of a licensed international market agent or licensed international market agent representative shall use any chips on credit provided by a casino operator under section 108(7)(c) of the Act for the purposes of gaming on his own account, unless each international market agent or international market agent representative, as the case may be, complies with all requirements under the Act and any regulation made thereunder.