Singapore legislation
Regulation 13
of Estate Agents (Licensing and Registration) Regulations 2010
Regulation 13
Prescribed security
Subregulation 1
The security that the Council may require under section 33(5) of the Act is a bank guarantee of such amount (not exceeding $75,000) as the Council may specify in any particular case.
Subregulation 2
The security shall be in such form and be provided in such manner as the Council may require.