Singapore legislation

Regulation 5

of Significant Infrastructure Government Loan Regulations 2021

Regulation 5

Who can make application

Subregulation 1

An application pursuant to a public notice has to be made —

(a)

where an applicant is not a primary dealer — on behalf of the applicant by an agent who is a primary dealer; or

(b)

where an applicant is a primary dealer — by the primary dealer, which must be made distinct and separate from any application in sub‑paragraph (a).

Subregulation 2

Where a primary dealer makes applications under paragraph (1)(a) on behalf of 2 or more other persons, the applications must be kept distinct from each other and submitted separately to the MAS.

Subregulation 3

Where a primary dealer makes any application under paragraph (1)(a) on behalf of another person, the application must be kept and submitted to the MAS separately from any application made under paragraph (1)(b) for the primary dealer itself.