Singapore legislation
Regulation 4
of Precious Stones and Precious Metals (Exempt Persons) Order 2019
Regulation 4
Exemption for foreign dealers
Subregulation 1
A foreign dealer carrying on a business of regulated dealing, or business as an intermediary for regulated dealing, in Singapore on a transitory basis, is exempt from —
(a)
Part 2 of the Act; and
(b)
section 19 of the Act.
Subregulation 2
A foreign dealer carries on business in Singapore on a transitory basis if the foreign dealer carries on business in Singapore for not more than a total of 90 days in a year.