Singapore legislation

Section 34

of Trust Companies Act 2005

Section 34

Safeguarding of books

(1)

A licensed trust company must take reasonable precautions —

(a)

to prevent falsification of the books required to be kept by it under this Act; and

(b)

to facilitate the discovery of any falsification of any such book.

(2)

Any licensed trust company which contravenes subsection (1) shall be guilty of an offence.