Terrorism (Suppression of Financing) Act 2002 · 2020 Revised Edition · Part 3 · Disclosure and Tipping-Off
10. Information about acts of terrorism financing
Feedback & supportLast amended by an amending law of 2018.
Every person in Singapore who has information which the person knows or believes may be of material assistance —
in preventing the commission by another person of a terrorism financing offence; or
in securing the apprehension, prosecution or conviction of another person, in Singapore, for an offence involving the commission, preparation or instigation of a terrorism financing offence,who fails to disclose the information immediately to a police officer shall be guilty of an offence.
Any person who commits an offence under subsection (1) shall be liable on conviction —
if the person is an individual, and the information came to the person’s attention in the course of the person’s trade, profession, business or employment — to a fine not exceeding $250,000 or to imprisonment for a term not exceeding 5 years or to both;
if the person is an individual, but paragraph (a) does not apply — to a fine not exceeding $50,000 or to imprisonment for a term not exceeding 5 years or to both; or
if the person is not an individual, to a fine not exceeding —
where a terrorism financing offence was committed, the higher of —
$1 million; or (B)twice the value of the property (including funds derived or generated from the property), financial services or other related services, or financial transaction (as the case may be) in respect of which the terrorism financing offence was committed; or
where no terrorism financing offence was committed, $1 million.
It is a defence for a person charged with an offence under subsection (1) to prove that the person had a reasonable excuse for not making the disclosure.
No criminal or civil proceedings shall lie against a person for any disclosure made in good faith under this section.