§ 19 — When entity holds stocks of MSR product

19.—(1) For the purposes of this Act, an entity holds stocks of an MSR product if —(a)

the entity is the holder of the stocks under subsection (2) or (3); and

(b)

the stocks are none of the following:(i)

any stock which is being kept for the exclusive use of the Singapore Armed Forces or any visiting forces;

(ii)

any stock which is kept wholly or principally for personal or domestic consumption;

(iii)

any stock being stored in the food premises of a retail food business;

(iv)

any stock which is being stored in a seagoing vessel for the consumption of crew or passengers or both;

(v)

any stock which is unsuitable food, unsafe food or a defined food.

(2) An entity is the holder of stocks of an MSR product under this subsection if —(a)

the entity owns the stocks;

(b)

the stocks are being stored in Singapore by the entity or by another entity on behalf of the firstmentioned entity; and

(c)

no other entity is the holder of the stocks by virtue of this subsection.

(3) However, if more than one entity would be the holder of the same stock of MSR product under subsection (2), then —(a)

which of those entities is the holder of the stock; and

(b)

the share of the stock each entity is the holder of,

must be as agreed between the entities but, in the absence of any such agreement, must be determined by the Director‑General, Food Security in accordance with the method prescribed by the Part 2 Rules.

—(1) For the purposes of this Act, an entity holds stocks of an MSR product if —(a)

the entity is the holder of the stocks under subsection (2) or (3); and

(b)

the stocks are none of the following:(i)

any stock which is being kept for the exclusive use of the Singapore Armed Forces or any visiting forces;

(ii)

any stock which is kept wholly or principally for personal or domestic consumption;

(iii)

any stock being stored in the food premises of a retail food business;

(iv)

any stock which is being stored in a seagoing vessel for the consumption of crew or passengers or both;

(v)

any stock which is unsuitable food, unsafe food or a defined food.

(2) An entity is the holder of stocks of an MSR product under this subsection if —(a)

the entity owns the stocks;

(b)

the stocks are being stored in Singapore by the entity or by another entity on behalf of the firstmentioned entity; and

(c)

no other entity is the holder of the stocks by virtue of this subsection.

(3) However, if more than one entity would be the holder of the same stock of MSR product under subsection (2), then —(a)

which of those entities is the holder of the stock; and

(b)

the share of the stock each entity is the holder of,

must be as agreed between the entities but, in the absence of any such agreement, must be determined by the Director‑General, Food Security in accordance with the method prescribed by the Part 2 Rules.