Singapore legislation
Regulation 7
Regulation 7
Cessation of business
Where a licensee ceases to carry on the licensee’s business as a travel agent, the licensee must, within 7 days after the cessation —
(a)
inform the Board in writing of the cessation;
(b)
(if the licensee’s licence is not in electronic form) do either of the following:
(i)
surrender the licensee’s licence to the Board;
(ii)
destroy the licensee’s licence in the manner required by the Board; and
(c)
surrender to the Board or destroy or delete all copies of the licensee’s licence under the control or in the possession of the licensee.