Section 58 — Application and interpretation of this Division

(1)This Division applies to —

(a)every individual, whether or not resident in Singapore and whether or not a citizen of Singapore; and

(b)every entity.

(2)In this Division, unless the context otherwise requires —

(a)any reference to an operator is a reference to an operator of a designated payment system; and

(b)any reference to a Singapore operator is a reference to a Singapore operator of a designated payment system.