§ 40 — Part 2 Rules

40.—(1) The Minister may make rules which are required or permitted to be prescribed by this Part or are necessary or convenient to be prescribed for carrying out or giving effect to this Part.(2) In particular, the Minister may make rules —(a)

prescribing for the purposes of section 23(1)(b), the period and quantity for undertaking an MSR activity in relation to an MSR product;

(b)

providing for procedures that an entity subject to a minimum stockholding requirement in relation to an MSR product must comply with in order to ensure the safety or efficacy of the MSR product when held, including (in particular) requirements to ensure suitability for consumption as food, requirements as to the manner of storage, and the maximum length of holding of the MSR product before supplying it in Singapore;

(c)

prescribing requirements to ensure that the location where an MSR product is held by an entity subject to a minimum stockholding requirement in relation to the MSR product, is secure from loss, theft, sabotage or unauthorised access;

(d)

prescribing the procedure to be followed in connection with making determinations under section 27;

(e)

providing that any contravention of any provision of the rules is an offence and that the penalty on conviction may be a fine not exceeding $5,000 or imprisonment for a term not exceeding 6 months or both; and

(f)

providing for any saving, transitional, and other consequential, incidental and supplemental provisions that are necessary or expedient for rules made under this section.

(3) Part 2 Rules may prescribe for the purposes of section 23(1)(b) different periods or different quantities —(a)

in respect of different MSR products;

(b)

on the basis of different MSR activities undertaken in relation to the same MSR product; or

(c)

on the basis of 2 or more entities undertaking similar MSR activities in relation to the same MSR product, being —(i)

corporations that are related to each other under section 6 of the Companies Act 1967; or

(ii)

entities that are not so related to each other.

—(1) The Minister may make rules which are required or permitted to be prescribed by this Part or are necessary or convenient to be prescribed for carrying out or giving effect to this Part.

(2) In particular, the Minister may make rules —(a)

prescribing for the purposes of section 23(1)(b), the period and quantity for undertaking an MSR activity in relation to an MSR product;

(b)

providing for procedures that an entity subject to a minimum stockholding requirement in relation to an MSR product must comply with in order to ensure the safety or efficacy of the MSR product when held, including (in particular) requirements to ensure suitability for consumption as food, requirements as to the manner of storage, and the maximum length of holding of the MSR product before supplying it in Singapore;

(c)

prescribing requirements to ensure that the location where an MSR product is held by an entity subject to a minimum stockholding requirement in relation to the MSR product, is secure from loss, theft, sabotage or unauthorised access;

(d)

prescribing the procedure to be followed in connection with making determinations under section 27;

(e)

providing that any contravention of any provision of the rules is an offence and that the penalty on conviction may be a fine not exceeding $5,000 or imprisonment for a term not exceeding 6 months or both; and

(f)

providing for any saving, transitional, and other consequential, incidental and supplemental provisions that are necessary or expedient for rules made under this section.

(3) Part 2 Rules may prescribe for the purposes of section 23(1)(b) different periods or different quantities —(a)

in respect of different MSR products;

(b)

on the basis of different MSR activities undertaken in relation to the same MSR product; or

(c)

on the basis of 2 or more entities undertaking similar MSR activities in relation to the same MSR product, being —(i)

corporations that are related to each other under section 6 of the Companies Act 1967; or

(ii)

entities that are not so related to each other.