In force2020 Revised EditionCurrent version · 2020 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
Trust Companies Act 2005 · 2020 Revised Edition · Part 2 · Licensing of Trust Companies
4. Application for trust business licence
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An application for a trust business licence must —
trust business licence
Defined · s 2
“trust business licence” means a licence granted by the Authority under section 5 that authorises the holder of the licence to carry on trust business;
(a)
be made to the Authority in such form and manner as the Authority may require; and
(b)
be accompanied by the prescribed application fee, which is non‑refundable and which must be paid in the manner specified by the Authority.
(2)
The Authority may require an applicant to provide it with such information or documents as it considers necessary in relation to the application.