Singapore legislation
Regulation 2
Regulation 2
Definitions
In these Regulations —“applicant” means an applicant for a licence;“general licence” means a licence that is not a niche licence, and includes a licence granted or renewed before 1 March 2018 under section 7(2) of the Act;“guiding services” has the meaning given by section 20(1) of the Singapore Tourism Board Act 1963;“institution of a public character” has the meaning given by section 40 of the Charities Act 1994;“key executive officer” means the individual appointed or acting as the key executive officer under regulation 15;“net value” means —
in relation to a person that is a sole proprietor or an unincorporated association, the amount that the person has set aside as capital for the person’s activity as a travel agent after deducting any debit balance appearing in the profit and loss account of the person;
in relation to a person that is a partnership, the capital of the partnership, after deducting any debit balance appearing in the profit and loss account of the partnership; or
in relation to a person that is a company, limited liability partnership or other body corporate, the excess of the value of the assets owned by the corporation over its liabilities;“niche licence” means a licence that is subject to a condition restricting the licensee granted the licence to supply only tours within Singapore without any right of accommodation;“payment” means —
any payment that is made in money by any of the following means:
the presentation of a physical or an electronic payment instrument, such as cash, a cheque, a cashier’s order or a voucher bearing a cash value or providing a discount;
the use of any credit or debit facility, such as by use of a charge card, credit card or debit card, or a credit or debit arrangement without the use of any such card;
the transfer of funds by any digital or electronic means, including by use of a digital wallet;
any payment that is made in money’s worth by any points, rewards or other similar thing (whether in physical or electronic form) earned by a person under any member or loyalty programme and that may be used to redeem any travel product; or
any payment that is made by a combination of any means in paragraph (a)(i), (ii) or (iii) or (b);“place of business”, in relation to a licensee, does not include a place where the licensee carries on business as a travel agent at a temporary booth or stall at a fair or an exhibition;“tourist” has the meaning given by section 20(1) of the Singapore Tourism Board Act 1963;“tourist guide” has the meaning given by section 20(1) of the Singapore Tourism Board Act 1963.
Definition
“applicant” means an applicant for a licence;
Definition
“general licence” means a licence that is not a niche licence, and includes a licence granted or renewed before 1 March 2018 under section 7(2) of the Act;
Definition
“guiding services” has the meaning given by section 20(1) of the Singapore Tourism Board Act 1963;
Definition
“institution of a public character” has the meaning given by section 40 of the Charities Act 1994;
Definition
“key executive officer” means the individual appointed or acting as the key executive officer under regulation 15;
Definition
“net value” means —
in relation to a person that is a sole proprietor or an unincorporated association, the amount that the person has set aside as capital for the person’s activity as a travel agent after deducting any debit balance appearing in the profit and loss account of the person;
in relation to a person that is a partnership, the capital of the partnership, after deducting any debit balance appearing in the profit and loss account of the partnership; or
in relation to a person that is a company, limited liability partnership or other body corporate, the excess of the value of the assets owned by the corporation over its liabilities;
Definition
“niche licence” means a licence that is subject to a condition restricting the licensee granted the licence to supply only tours within Singapore without any right of accommodation;
Definition
“payment” means —
any payment that is made in money by any of the following means:
the presentation of a physical or an electronic payment instrument, such as cash, a cheque, a cashier’s order or a voucher bearing a cash value or providing a discount;
the use of any credit or debit facility, such as by use of a charge card, credit card or debit card, or a credit or debit arrangement without the use of any such card;
the transfer of funds by any digital or electronic means, including by use of a digital wallet;
any payment that is made in money’s worth by any points, rewards or other similar thing (whether in physical or electronic form) earned by a person under any member or loyalty programme and that may be used to redeem any travel product; or
any payment that is made by a combination of any means in paragraph (a)(i), (ii) or (iii) or (b);
Definition
“place of business”, in relation to a licensee, does not include a place where the licensee carries on business as a travel agent at a temporary booth or stall at a fair or an exhibition;
Definition
“tourist” has the meaning given by section 20(1) of the Singapore Tourism Board Act 1963;
Definition
“tourist guide” has the meaning given by section 20(1) of the Singapore Tourism Board Act 1963.