Singapore legislation

Regulation 2

of Precious Stones and Precious Metals (Exempt Persons) Order 2019

Regulation 2

Definitions

In this Order —“foreign dealer” means a regulated dealer that —

(a)

is —

(i)

registered or incorporated outside Singapore, in the case of a body corporate or unincorporate; or

(ii)

habitually resident outside Singapore, in the case of an individual; and

(b)

does not have a permanent establishment, a place of management or a branch in Singapore at which the regulated dealer carries on the business of regulated dealing or business as an intermediary for regulated dealing.

Definition

“foreign dealer” means a regulated dealer that —

(a)

is —

(i)

registered or incorporated outside Singapore, in the case of a body corporate or unincorporate; or

(ii)

habitually resident outside Singapore, in the case of an individual; and

(b)

does not have a permanent establishment, a place of management or a branch in Singapore at which the regulated dealer carries on the business of regulated dealing or business as an intermediary for regulated dealing.