§ 58 — Conditions applicable to class licensee

58.—(1) Without limiting section 56(1) or 57, the conditions subject to which a class licensee may carry on a regulated activity under a class licence may include any of the following requirements:(a)

to do or not to do such things as are specified or are of a description specified, except insofar as the Licensing Officer specified in that class licence consents to the class licensee doing or not doing them;

(b)

to refer for determination by the Licensing Officer specified in that class licence such questions arising under the class licence or are of a description specified;

(c)

to provide information and reports to the Licensing Officer specified in that class licence about the class licensee and the regulated activity carried on;

(d)

to provide the Licensing Officer specified in that class licence —(i)

an address in Singapore at which notices and other documents under this Act for the class licensee may be served; or

(ii)

the name and address of one or more persons in Singapore authorised by the class licensee to accept on the class licensee’s behalf service of notices and other documents under this Act;

(e)

to nominate, and ensure that at all times there is nominated, one or more representative staff each of whom satisfies the prescribed qualifications, and to provide the Licensing Officer specified in that class licence the name, address and contact details of the representative staff so nominated.

(2) In particular, a class licence may provide that the class licence applies to a person subject to a condition precedent that requires that person —(a)

to notify the Licensing Officer about the person’s identity and other particulars about the regulated activity carried on by the person; and

(b)

to pay a charge to the Licensing Officer for receiving the notification.

—(1) Without limiting section 56(1) or 57, the conditions subject to which a class licensee may carry on a regulated activity under a class licence may include any of the following requirements:(a)

to do or not to do such things as are specified or are of a description specified, except insofar as the Licensing Officer specified in that class licence consents to the class licensee doing or not doing them;

(b)

to refer for determination by the Licensing Officer specified in that class licence such questions arising under the class licence or are of a description specified;

(c)

to provide information and reports to the Licensing Officer specified in that class licence about the class licensee and the regulated activity carried on;

(d)

to provide the Licensing Officer specified in that class licence —(i)

an address in Singapore at which notices and other documents under this Act for the class licensee may be served; or

(ii)

the name and address of one or more persons in Singapore authorised by the class licensee to accept on the class licensee’s behalf service of notices and other documents under this Act;

(e)

to nominate, and ensure that at all times there is nominated, one or more representative staff each of whom satisfies the prescribed qualifications, and to provide the Licensing Officer specified in that class licence the name, address and contact details of the representative staff so nominated.

(2) In particular, a class licence may provide that the class licence applies to a person subject to a condition precedent that requires that person —(a)

to notify the Licensing Officer about the person’s identity and other particulars about the regulated activity carried on by the person; and

(b)

to pay a charge to the Licensing Officer for receiving the notification.